CalSTRS increases target allocation to real estate

The Sacramento public pension's target allocation has jumped to 15 percent.

Institution: California State Teachers’ Retirement System
Headquarters: Sacramento, United States
AUM: $242.13bn
Allocation to alternatives: 26.80%
Bitesize: $100-200m

California State Teachers’ Retirement System approved an increase in target allocation to real estate from 13 percent to 15 percent. The pension currently devotes 13.97 percent of its total fund to real estate investments.

As illustrated in the charts below, the $242.13 billion US public pension has a diversified investment portfolio that spans several asset classes including private equity, real estate and fixed income. CalSTRS allocates 26.80 percent of its portfolio to alternatives.

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