Institution: City of Fresno Retirement Systems
Headquarters: Fresno, US
AUM: $2.65 billion
Allocation to alternatives: 27.20%
The $2.65 billion public pension has an 11 percent target allocation to real estate that currently stands at 10.50 percent.
As illustrated below, CFRS devotes 27.20 percent of its full investment portfolio to alternative assets. The pension has a strong appetite for diversified opportunistic funds that are North America-focused.
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