As previously reported by
The Bakersfield, Calif.-based plan allocates its assets as follows: 22.5% each to domestic and international equities, 23% core fixed-income, 15% real assets, 10% to global private equities and absolute return, 4% high yield fixed-income and 3% cash, according to the RFP.
Additionally its manager roster includes PIMCO, BlackRock, Mellon Capital Management, Neuberger Berman, Pyramis Global Advisors, Pantheon Ventures and Blackstone Alternative Asset Management.
When KCERA first began
Meanwhile, firms interested in applying for the advisory role should submit proposals by April 8. Following this, the Board will select finalists at its May 18 meeting, this according to the