San Bernardino County Employees' Retirement Association (SBCERA)
Public pension plan
San Bernardino County Employees' Retirement Association (SBCERA) reports no venture funds by name.
Holdings are from its report as of December 31, 2025.
Updates from San Bernardino County Employees' Retirement Association (SBCERA)
All of San Bernardino County Employees' Retirement Association (SBCERA)’s updates on Hottub VC
Largest venture holdings
None of the 79 funds on its report is linked to a manager in the fund index or the venture adviser directory.
In the app: 22 funds of funds. Open San Bernardino County Employees' Retirement Association (SBCERA) in LP Intelligence for every fund it holds and how to reach it, or find the LPs that back firms like yours.
How it invests
Steady: it backs its managers again about as often as most LPs that report fund by fund. It backed 88% of its managers again when they raised a later fund (17 chances), and stays with a manager 4.6 years on average.
From its own report and published commitments. How it invests in LP Intelligence: whether it kept committing through 2022–23, how much goes to managers on Fund I–III, and what it committed to lately.
LPs nearby
Within 100 miles, by city: a trip to one can take in the others.
- Teach a Man to Fish Foundation
- William S & Nancy E Thompson Foundation
- Orange County Employees Retirement System (OCERS)
- Sun Family Foundation
- LACERA
- The Green Foundation
- Unihealth Foundation
- WWW Foundation
83 LPs within 100 miles in all: see them on the map.
About this data
Holdings as this LP reports them, fund by fund. Amounts are its commitment to each fund. Fund performance it reports is on each firm’s page. As of December 31, 2025. Source: SBCERA Quarterly Performance Report (Private Equity Performance). Funds are linked to a manager by name; a match can be wrong, and the original filing is the record. How Hottub reads its sources.
From the PRIVATE EQUITY PERFORMANCE table of the quarterly performance report that NEPC prepares for SBCERA's board, which reports private equity as of an earlier date than the rest of the report (the table's own date is used here) and notes that all metrics are calculated since inception. The IRR is the column the table heads "SI IRR", not labeled net or gross; the report's general disclosures say returns are reported net of manager fees unless otherwise noted. "TVPI" as printed; for every fund it equals Total Value / (Cumulative Contributions + Additional Fees) to within 0.01. Amounts are whole US dollars as printed: Commitment, Cumulative Contributions (the Additional Fees column is not added to it) and Cumulative Distributions; total value is the printed Total Value (Cumulative Distributions + Valuation). DPI = Cumulative Distributions / (Cumulative Contributions + Additional Fees) is computed on the same paid-in basis as the report's multiple. Vintage is the table's "Vintage Year". All 79 investments in the table are included, as SBCERA classes them: besides buyout, venture and secondaries funds it holds large separate accounts with fund-of-funds managers and a number of distressed, mezzanine, direct lending, energy and CLO funds. They add up to the printed Total of $4,705,092,987 contributed and $7,939,059,656 total value; their commitments as printed add up to $5,611,630,546, which is $400,000,000 more than the Total row's $5,211,630,546 (the report's own Total does not equal the commitments it lists; each fund's commitment is shown as printed). The Real Estate and Real Assets tables are not imported.