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Tulare County Employees' Retirement Association
The Tulare County Employees' Retirement Association was established in 1937. It delivers retirement, disability, and death benefits to plan participants.
Tulare County Employees' Retirement Association
The Tulare County Employees' Retirement Association was established in 1937. It delivers retirement, disability, and death benefits to plan participants. Leanne Malison leads administration and investment oversight alongside the Board of Retirement. The portfolio includes public equities managed by Boston Partners and others, fixed income mandates with BlackRock and DoubleLine, and real estate commitments to RREEF, TA Associates Realty, and American Realty Advisors. Private equity exposure reaches 7.95% through funds including Pathway Private Equity Fund Investors series, Gridiron Capital Fund V, CD&R XII, Audax Private Equity Fund VII, and Charlesbank Technology Opportunities Fund II. Infrastructure targets 4% of assets. Geographic reach covers the United States and global markets via commingled vehicles. Assets total $2.038B. Verus Advisory has served as investment consultant since 2021. Additional service providers include BNY Mellon as custodian, Cheiron as actuary, Nossaman LLP as legal counsel, and Brown Armstrong as auditor. The system participates in SACRS Spring Conference 2024 and SACRS Fall Conference 2024. Governance centers on the Board of Retirement and the County of Tulare as primary sponsor. The structure follows the 1937 Act with participating employers limited to county entities and specified districts. Investment decisions route through external managers and consultants rather than internal direct deal execution.
General information
Firm type
Pension Fund
Year founded
1937
AUM
2038 (Altss estimate)
Location
Region
North America
Country
United States
City
Visalia
Corporate office
136 North Akers Street, Visalia, CA 93291, United States
Principals
Leanne Malison
Retirement Administrator and Chief Investment Officer
Peter Vander Poel
Chair of the Board of Retirement
Jim Young
Vice Chair of the Board of Retirement
Cass Cook
Treasurer of the Board of Retirement
Sector focus
Frequently asked questions
Who runs investment decisions at Tulare County Employees' Retirement Association?
Leanne Malison serves as Retirement Administrator and Chief Investment Officer. The Board of Retirement, chaired by Peter Vander Poel, provides oversight on asset allocation and manager selection.
Does Tulare County Employees' Retirement Association participate in fund commitments or only direct deals?
The system commits to external funds. Holdings include Pathway Private Equity Fund Investors series, Gridiron Capital Fund V, and CD&R XII through managers such as Pathway Capital Management and Clayton, Dubilier & Rice.
Which asset classes receive allocations at Tulare County Employees' Retirement Association?
Public equities represent the largest allocation at approximately $950M. Fixed income stands at $562M. Real estate totals $196M and private debt $125M to $135M. Infrastructure targets 4% of the portfolio.
Where does Tulare County Employees' Retirement Association source its investment managers?
Mandates are awarded to firms including Boston Partners, BlackRock, DoubleLine, Franklin Templeton, MacKay Shields, RREEF, and Invesco. Verus Advisory assists with selection and monitoring.
How is Tulare County Employees' Retirement Association related to the County of Tulare?
The County of Tulare acts as primary plan sponsor and employer. Tulare County Superior Courts and Strathmore Public Utility District also participate as covered employers.
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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