---
title: San Bernardino County Employee Retirement Reviews Private Equity and Real Estate Target Commitments for 2024
description: San Bernardino County Employee Retirement Reviews Private Equity and Real Estate Target Commitments for 2024
image: https://dakotafunds.com/hubfs/Imported_Blog_Media/jose-rago-M3itYJP_jMc-unsplash-1.jpg
---

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# San Bernardino County Employee Retirement Reviews Private Equity and Real Estate Target Commitments for 2024

**Written by: ** Morgan Holycross, Marketing Manager 

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At the December 14 board meeting, the San Bernardino County Employee Retirement Association reviewed 2024 commitment pacing targets for private equity and real estate.

It is recommended that $575 million be committed to private equity in 2024 in order to achieve and maintain the target allocation of 18% to private markets. As of June 30 2023, the Retirement Association’s current allocation is 17%.

In addition, it is recommended that $120 million be committed to real estate in 2024 in order to achieve and maintain the target allocation of 5%. As of March 31 2023 the Retirement Association’s current allocation is 5.8%.

The General Consultant, NEPC, assisted with the recommendations. 

*For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a *[free trial](https://www.dakota.com/free-trial)* of Dakota Marketplace!*

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 Tags: [Pension Funds](https://dakotafunds.com/dakota-funds/tag/pension-funds), [Alternative Insights](https://dakotafunds.com/dakota-funds/tag/alternative-insights), [Real Estate](https://dakotafunds.com/dakota-funds/tag/real-estate), [Private Equity](https://dakotafunds.com/dakota-funds/tag/private-equity), [Searches](https://dakotafunds.com/dakota-funds/tag/searches)

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