# San Luis Obispo County Pension Trust

San Luis Obispo County Pension Trust is a Pension Fund based in San Luis Obispo, United States.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** San Luis Obispo, United States
- **Region:** North America
- **Address:** San Luis Obispo, CA, United States
- **Founded:** 1958
- **Assets under management:** Under $1B (Altss estimate)
- **Website:** slocpt.org
- **LinkedIn:** linkedin.com/company/san-luis-obispo-county-pension-trust

## Regulatory record

- **Reports private funds:** No

## About

San Luis Obispo County Pension Trust (SLOCPT) administers retirement benefits for employees of San Luis Obispo County and participating public agencies. Katie Girardi serves as both Executive Director and Chief Investment Officer, directing investment policy and operations for the fund. The Board of Trustees, led by President Gere Sibbach, provides fiduciary oversight. The trust maintains a diversified portfolio spanning real estate, commodities, and private equity. Real estate commitments include direct commercial properties in San Luis Obispo and Los Angeles, a position in the J.P. Morgan Core Real Estate fund, and an interest in the American Strategic Value Realty Fund. Commodities represent a distinct allocation, while private equity focuses on buyout strategies. The trust holds a direct commercial property in San Luis Obispo through Tenwise Property. SLOCPT participates in the California public pension ecosystem through active memberships in CALAPRS, the trade association for California public retirement systems, and SACRS, which represents county retirement systems organized under the 1937 Act. The trust operates from a single office in San Luis Obispo. The trust's structural signature is its embeddedness within California's distinctive 1937 Act county retirement framework. Unlike the statewide CalPERS system, county-level trusts under this structure retain local investment control and board composition, creating variation in portfolio construction and risk appetite across California's counties. This local autonomy permits direct real estate holdings uncommon among pooled state plans.

## Sectors

- Real Estate
- Commodities
- Private Equity

## People

- Katie Girardi — Executive Director and CIO
- Gere Sibbach — President of the Board of Trustees

## Questions

### Who oversees investment decisions at SLOCPT?

Katie Girardi serves as both Executive Director and Chief Investment Officer, directing investment policy and day-to-day management of the trust's portfolio. The Board of Trustees, led by President Gere Sibbach, provides governance and fiduciary oversight. The trust also employs external managers across asset classes including J.P. Morgan for core real estate.

### What is the 1937 Act structure and how does it affect SLOCPT?

California's County Employees Retirement Law of 1937 authorizes individual counties to establish and administer their own pension systems rather than participating in the statewide CalPERS system. This gives county-level trusts like SLOCPT independent boards and investment authority. The trust participates in SACRS, the association created specifically for these 1937 Act and independent county retirement systems.

### Does SLOCPT hold any direct real estate or only fund investments?

SLOCPT holds both direct commercial properties and fund commitments. Direct holdings include properties in San Luis Obispo and Los Angeles. The trust also invests through commingled vehicles including J.P. Morgan Core Real Estate and the American Strategic Value Realty Fund, giving it exposure across property types and California markets.

## Related profiles

- [San ju San Bank Corporate Pension Fund](https://altss.com/profile/san-ju-san-bank-corporate-pension-fund)
- [San Luis Wealth Advisors](https://altss.com/profile/san-luis-wealth-advisors)

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Last updated: 2026-08-11T02:43:31.692Z

Canonical page: https://altss.com/profile/san-luis-obispo-county-pension-trust-slocpt

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology