---
title: Santa Barbara County ERS Commits $30 million to Alts
description: Santa Barbara County ERS Commits $30 million to Alts.
image: https://dakotafunds.com/hubfs/Imported_Blog_Media/oc-gonzalez-q23OPZWfv8M-unsplash-1.jpg
---

[![dakota_logo](https://dakotafunds.com/hs-fs/hubfs/dakota_logo.png?width=150&height=44&name=dakota_logo.png) ](https://dakotafunds.com)

- [ About ](https://dakotafunds.com/about-us)
- [ Team ](https://dakotafunds.com/team-update)
- [ Partners ](https://dakotafunds.com/clients)
- [ Contact ](https://dakotafunds.com/contact-us-update)

[![dakota_logo](https://dakotafunds.com/hs-fs/hubfs/dakota_logo.png?width=150&height=44&name=dakota_logo.png) ](https://dakotafunds.com)

**

- [ About ](https://dakotafunds.com/about-us)
- [ Team ](https://dakotafunds.com/team-update)
- [ Partners ](https://dakotafunds.com/clients)
- [ Contact ](https://dakotafunds.com/contact-us-update)

# Santa Barbara County ERS Commits $30 million to Alts

**Written by: ** Helen Bascom, Marketing Associate 

![](https://dakotafunds.com/hubfs/Imported_Blog_Media/oc-gonzalez-q23OPZWfv8M-unsplash-1.jpg)

The Santa Barbara County Employees’ Retirement System disclosed three recent commitments to alternatives totaling $30 million, according to materials from the December 13 Board meeting. 

Within real estate, $10 million was committed to Stockbridge Value Fund V and $10 million to NW1 IOS REIT. 

In private credit, $10 million was committed to KSL Capital Credit Opportunities Fund IV.

As of September 30, 2023, the $4 billion Retirement System has an actual and target allocation to real estate of 11.5% and 10% respectively. The actual and target allocation to non-core fixed income was 10.4% and 11% respectively.

*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!*

 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 Credit](https://dakotafunds.com/dakota-funds/tag/private-credit)

### Recent Posts

[EP Wealth Acquires Wacker Wealth Partners](https://dakotafunds.com/dakota-funds/fundraising-news/ep-wealth-acquires-wacker-wealth-partners)   
April 04, 2024

[JTP Capital Seeking Fundraising and CRM Database Management Assistant](https://dakotafunds.com/dakota-funds/fundraising-news/jtp-capital-seeking-fundraising-and-crm-database-management-assistant)   
April 04, 2024

[$700M Merrill FAs Depart to Sanctuary](https://dakotafunds.com/dakota-funds/fundraising-news/700m-merrill-fas-depart-to-sanctuary)   
April 03, 2024

[Greenbacker Capital Seeking Internal Sales Representative](https://dakotafunds.com/dakota-funds/fundraising-news/greenbacker-capital-seeking-internal-sales-representative)   
April 03, 2024

[NY Common Commits $550M to Venture Capital, Real Estate](https://dakotafunds.com/dakota-funds/fundraising-news/ny-common-commits-550m-to-venture-capital-real-estate)   
April 03, 2024

## Related Blogs

<https://dakotafunds.com/dakota-funds/fundraising-news/contra-costa-era-commits-175m-to-private-equity-real-estate>

July 27, 2023

#### Contra Costa ERA Commits $175M to Private Equity, Real Estate

 The Contra Costa County Employees’ Retirement Association has disclosed three alternative...

[ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/contra-costa-era-commits-175m-to-private-equity-real-estate)

<https://dakotafunds.com/dakota-funds/fundraising-news/hawaii-ers-commits-175m-to-real-estate>

March 26, 2024

#### Hawaii ERS Commits $175M to Real Estate

 The Hawaii Employees’ Retirement System made two commitments in totaling $175 million to real...

[ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/hawaii-ers-commits-175m-to-real-estate)

<https://dakotafunds.com/dakota-funds/fundraising-news/tennessee-crs-commits-175m-to-private-equity>

December 06, 2023

#### Tennessee CRS Commits $175M to Private Equity

 The Tennessee Consolidated Retirement System (TCRS) has approved the commitment of $175 million to...

[ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/tennessee-crs-commits-175m-to-private-equity)

![footerLogo](https://dakotafunds.com/hubfs/footerLogo.svg)

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Helen Bascom, Marketing Associate",
    "url" : "https://dakotafunds.com/dakota-funds/author/helen-bascom-marketing-associate"
  },
  "dateModified" : "2024-04-04T20:35:21.040Z",
  "datePublished" : "2023-12-14T05:00:00.000Z",
  "headline" : "Santa Barbara County ERS Commits $30 million to Alts",
  "image" : [ "https://dakotafunds.com/hubfs/Imported_Blog_Media/oc-gonzalez-q23OPZWfv8M-unsplash-1.jpg" ],
  "mainEntityOfPage" : {
    "@id" : "https://dakotafunds.com/dakota-funds/fundraising-news/santa-barbara-county-ers-commits-30-million-to-alts",
    "@type" : "WebPage"
  },
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject"
    },
    "name" : "Dakota Funds Group"
  }
}
```