California Public Employees’ Retirement System (CalPERS) revealed in its meeting agenda that it recommends to consolidate the segments of real estate and infrastructure and Forest.
The pension fund aims to enhance the asset allocation on asset classes with materiality; building common focus for the Real Assets team within INVO and retain the ability of real assets to invest in Infrastructure and Forestland.
Currently, the pension fund is allocating 2 percent to infrastructure and forest, and 11 percent to real estate.
Platinum subscribers may click here for CalPERS’s full profile, including key contacts, allocation strategy and fund investments.
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