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County of San Luis Obispo
The San Luis Obispo Pension Trust was established in 1958 as a voluntary public pension plan. Carl Nelson directs day-to-day investment and administrative...
County of San Luis Obispo
The San Luis Obispo Pension Trust was established in 1958 as a voluntary public pension plan. Carl Nelson directs day-to-day investment and administrative functions while the Board of Trustees, including Chair Guy Savage and Vice Chair Jim Hamilton, sets policy. The trust holds allocations across domestic equities valued at $357.6 million, international equities at $357.6 million, and fixed income at $536.4 million. Real estate exposure totals $143 million through direct and indirect holdings including global REITs. Commodities represent 3 percent of assets. Private equity commitments include a position in Pantheon. Cambridge Associates has served as investment advisor since 2022. The trust reports 1,788 million dollars under management. Additional service providers include Gabriel Roeder Smith for actuarial work since 2019. No new operational events have been recorded in the last 24 months. Governance rests with elected and appointed trustees who represent miscellaneous and safety members alongside county administrative input. This structure separates investment execution from plan administration under California public retirement rules.
General information
Firm type
Pension Fund
Year founded
1958
AUM
1788 (Altss estimate)
Location
Region
North America
Country
United States
City
San Luis Obispo
Corporate office
1000 Mill Street, San Luis Obispo, CA 93408, United States
Principals
Carl Nelson
Executive Director / CIO
Guy Savage
Board Chair
Jim Hamilton
Board Vice Chair
Will Forbes
Trustee
David Casnocha
Trustee
Michelle Shoresman
Trustee
Sector focus
Frequently asked questions
Who runs investment decisions at the San Luis Obispo Pension Trust?
Carl Nelson serves as Executive Director and CIO. The Board of Trustees, chaired by Guy Savage, retains final authority over policy and asset allocation.
What asset classes does the trust currently hold?
Holdings include domestic and international public equities, fixed income securities, a diversified real estate portfolio, commodities, and private equity exposure through Pantheon.
How is the trust governed?
A Board of Trustees oversees operations. Members include elected representatives for miscellaneous and safety employees plus an appointee from the Board of Supervisors.
Which external advisors support the trust?
Cambridge Associates acts as investment advisor. Gabriel Roeder Smith provides actuarial services.
Does the trust participate in private equity?
Yes. Current private equity allocation stands at 15.77 percent against a 12 percent target, with a known commitment to Pantheon.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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