# East Bay Municipal Utility District Employees' Retirement System

East Bay Municipal Utility District Employees' Retirement System is a Pension Fund based in Oakland, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Oakland, United States
- **Region:** North America
- **Address:** 375 11th Street, Oakland, CA, United States
- **Assets under management:** 1.7B (Altss estimate)
- **Website:** www.ebmud.com

## Regulatory record

- **Reports private funds:** No

## About

The East Bay Municipal Utility District Employees' Retirement System operates as a defined benefit plan established to serve utility district employees. It reports net assets of $1.7 billion and maintains a Retirement Board structure with Jae Park as president. Allocations include roughly $842 million in domestic equities managed by Peregrine, Rice Hall James, and Sands Capital alongside SSGA passive exposure. International equities total about $723 million through Pzena and Rock Creek. Fixed income reaches $649 million via Brigade, MacKay Shields, Beach Point, and Aristotle Pacific. Core real estate targets 5 percent through private funds, while a covered calls book stands at $613 million and faces reduction under the 2024-2026 transition plan. Geographic exposure centers on North America with additional international equity holdings. The system retains Meketa Investment Group as investment advisor since 2019 and Northern Trust as master custodian. It holds memberships in Ceres Investor Network, Climate Action 100+, SACRS, CALAPRS, and the Council of Institutional Investors. No operational events from the last 24 months appear in available records.

## Sectors

- Public Equities
- Fixed Income
- Real Estate
- Private Credit

## People

- Jae Park — President of the Retirement Board
- Damien Charléty — Investment Officer
- Sophia D. Skoda — Director of Finance

## Questions

### Who runs investment decisions at East Bay Municipal Utility District Employees' Retirement System?

The Retirement Board holds final authority. Jae Park serves as president. Damien Charléty acts as investment officer and Sophia D. Skoda supports as director of finance.

### Does East Bay Municipal Utility District Employees' Retirement System participate in fund commitments or only direct deals?

The system commits to core private real estate funds and maintains a private credit evergreen allocation. It also uses external managers for public equities and fixed income.

### What investment stages does East Bay Municipal Utility District Employees' Retirement System typically target?

The plan focuses on liquid public markets and closed-end private real estate funds. It does not disclose venture or growth equity mandates.

### Which sectors does East Bay Municipal Utility District Employees' Retirement System explicitly avoid?

No explicit avoidance sectors are stated in available records beyond standard pension constraints.

### How is East Bay Municipal Utility District Employees' Retirement System related to its parent utility district?

The system exists solely to administer retirement benefits for East Bay Municipal Utility District employees under a separate Retirement Board.

## Related profiles

- [Catholic Financial Life](https://altss.com/profile/catholic-financial-life)
- [Parkland Health](https://altss.com/profile/parkland-health)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/east-bay-municipal-utility-district-employees-retirement-system

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