San Bernardino County sets pacing for private equity, real estate Getty Images/iStockphoto A view of downtown San Bernardino, which serves as the county seat of San Bernardino County. San Bernardino County (Calif.) Employees' Retirement Association approved pacing plans for its private equity and real estate allocations for 2021 through 2023, confirmed Olivia Applegate, spokeswoman for the $11.9 billion pension fund. At its Jan. 7 meeting, the board approved investment consultant NEPC's recommendations to commit $550 million to private equity this year, and between $550 million and $650 milli...