KERN COUNTY EMPLOYEES' RETIREMENT ASSN.
11125 River Run Blvd.
Bakersfield, CA 93311
Phone (661) 381-7700
Fax (661) 381-7799
Board Meeting:2nd Wednesday of the month at 8:30 a.m.
Plan Year:July 1 to June 30
CEO: Dominic Brown, CPA, CFE
SYSTEM TRUSTEES
David Couch, CHDustin Contreras, V CH
Jordan Kaufman, TREASRick Kratt
Phil FraneyJoseph Hughes
Mr. John SandersAjaib Gill
Robb SeiblyTyler Whitezell
Chase Nunneley
Assistant CEO:Matthew Henry, CFE
Secretary to CEO:Aimee Morton
Chief Investment Officer:Daryn Miller, CFA
Assistant Investment Officer:Geoffrey Nolan
Actuary:Segal Consulting
Attorney:Jennifer Zahry, JD
Auditor:UHY, LLP
Custodian:The Northern Trust Company
Investment Consultant:Albourne America LLC, Verus
Active Participants:10519
Benefit Participants:11162
Social Security:N
General:Yes
Safety:Yes
Fund Balance:6.46 Billion (Market Value)
INVESTMENT COUNSEL


ALL EQUITIES

AB
American Century

Cevian Capital
Dalton Japan

DFA Emerging Markets Value Portfolio
Geneva Capital

Lazard

Mellon Capital Mgmt.
PIMCO
Total All Equity Assets: $2.1 Million



FIXED INCOME

Mellon Capital Mgmt.
PIMCO
TCW Securitized Opportunities LP
Western Asset Mgmt.

Total Fixed Income Assets: $1.3 Million



REAL ESTATE

ASB Capital Mgmt. Covenant
Blue Owl

BPC Real Estate Debt Fund

Covenant

Hudson Bay Real Estate Opportunities Fund

Invesco
J.P. Morgan Chase Bank
Juniper

KSL

LBA Logistics Value Fund

Landmark Real Estate Partners

Long Wharf

Merit Hill

Singerman Real Estate Opportunity Fund
Total Real Estate Assets: $601 Million



OTHER

Abbott Capital Funds
ARES Pathfinder

Aristeia International Ltd.


Aristeia Select

Blackrock Short Duration

Blue Owl Strategic Equity

Blue Torch Credit Opportunities

Brighton Park
Brevan Howard Multi-Strategy Fund

Brookfield Real Estate Finance Fund
Cash & Cash Equivalents
Cerberus Levered Loan Opportunities

Colony Distressed Credit Fund

David Kemper

DB Investors Fund
D.E. Shaw Composite Fund

Fortress Credit Opportunities Fund

Fortress Lending Fund

Garda
Harvest Midstream
HBK Multi-Strategy Fund



HIG Bayside Loan Opportunity

HIPS Special Situations Opportunity Fund

Hudson Bay Enhanced
ITE Rail Fund

Indus Pacific Opportunities Fund

Level Equity Growth Partners

LGT Crown Global

Linden Capital

Long Reach CAP

Magnestar Constellation Fund
Oak Hill Advisors Structured Products

OrbiMed

Pantheon Funds

Parthenon Investors

Parametric

Peak Rock
Pharo Macro

PIMCO Commodity Alpha Fund LLC

PIMCO Midstream

River Birch International Ltd

Rubicon Technology Partners

Sculptor Enhanced Fund

Silver Point Specialty Credit

Sixth Street TAO

Vista

Warren Equity Partners
Wellington Trust Company
West IV TS

Total Other Assets: $2.4 Billion