FCERA decreases allocation to real estate

The US public pension's real estate allocation has dropped to 4.9%

Institution: Fresno County Employees’ Retirement Association
Headquarters: Fresno, United States
AUM: $4.76bn
Allocation to alternatives: 19.80%
Bitesize: $10-50m

Fresno County Employees’ Retirement Association has adjusted its allocation to real estate investments from 5.10% to 4.90%.

As illustrated in the charts below, the $4.76 billion US public pension has a target allocation to private real estate of 5%. The decrease in allocation puts FCERA below its target. Mr. Donald Kendig is the current Retirement Administrator.

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