Pension Fund Nixes CLO Equity Stake

The San Bernardino County Employees’ Retirement Association has scrapped its plans to take an equity stake in two separate collateralized loan obligations.

  • 08 Mar 2011

--Joy Wiltermuth

The San Bernardino County Employees’ Retirement Association has scrapped its plans to take an equity stake in two separate collateralized loan obligations.

Donald Pierce, interim cio, told TS the $5.2 billion public pension fund did not vote on the proposal as planned (TS, 3/2), but instead decided ...

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