Pension Fund

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San Joaquin County Employees' Retirement Association

San Joaquin County Employees' Retirement Association was formed in 1946 to administer retirement, disability, and death benefits. Renee Ostrander has served as...

San Joaquin County Employees' Retirement Association

San Joaquin County Employees' Retirement Association was formed in 1946 to administer retirement, disability, and death benefits. Renee Ostrander has served as CEO since March 2024. The fund follows state and federal rules through its Board of Retirement. The portfolio mixes public equities, fixed income, and alternatives. Private equity exposure stood at 7.09 percent against a 10 percent target. Confirmed commitments include Berkeley Partners Value Industrial Fund V, IPI Partners Fund III, Capitol Meridian Fund I, Oaktree Special Situations Fund IV, and Lightspeed Venture Partners Select V. Geographic reach covers North America and global markets through these vehicles and additional holdings in real estate and infrastructure. Assets total $4.6 billion. The firm maintains two offices in Stockton. It participates in SACRS and CALAPRS. October 2024: Sponsored the SJCERA Annual Investment Roundtable focused on portfolio review and asset allocation. Governance centers on the independent Board of Retirement with separate legal, actuarial, and investment advisory relationships. Meketa Investment Group has served as investment advisor since 2010. The structure separates plan administration from county operations while maintaining direct reporting lines to the Board.

General information

Firm type

Pension Fund

Year founded

1946

Location

Region

North America

Country

United States

City

Stockton

Corporate office

220 E. Channel Street, Stockton, CA 95202, United States

Principals

Renee Ostrander

Chief Executive Officer

Paris Ba

Chief Investment Officer

Michael Restuccia

Chair of the Board of Retirement

Sector focus

Private EquityReal EstateInfrastructurePrivate Credit

Frequently asked questions

Who runs investment decisions at San Joaquin County Employees' Retirement Association?

Paris Ba serves as Chief Investment Officer. Renee Ostrander acts as Chief Executive Officer. Both report to the Board of Retirement chaired by Michael Restuccia.

Does San Joaquin County Employees' Retirement Association participate in fund commitments or only direct deals?

The fund commits as a limited partner to external vehicles. Holdings include Berkeley Partners Value Industrial Fund V, IPI Partners Fund III, and Oaktree Special Situations Fund IV.

What investment stages does San Joaquin County Employees' Retirement Association typically target?

Allocations cover buyout, venture, distressed debt, and special situations strategies. Ticket sizes range from $25 million to $50 million per the research record.

Which sectors does San Joaquin County Employees' Retirement Association explicitly avoid?

No explicit avoidance sectors appear in the record. The portfolio maintains diversified exposure across listed industries including aerospace, healthcare, and infrastructure.

How is San Joaquin County Employees' Retirement Association related to San Joaquin County?

San Joaquin County acts as the primary plan sponsor and employer. The retirement association operates separately under its own Board of Retirement.

Does San Joaquin County Employees' Retirement Association maintain philanthropic structures, and how are they separated?

The firm supports the Retired Public Employees of San Joaquin County, a nonprofit established in 1999 that provides scholarships. This entity operates independently from the pension plan.

What is San Joaquin County Employees' Retirement Association's known posture on co-investments alongside external GPs?

The record shows limited partner commitments to funds rather than direct co-investments. Strategy tags include co-investment and co-investment multi-manager approaches.

Profile maintained by 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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