Fresno County reveals proposed pacing plan

FCERA's real estate consultant proposed that the public pension plan target a $40m commitment to a non-core real estate fund next year.

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Institution: Fresno County Employees’ Retirement Association
Headquarters: Fresno, US
AUM: $6.1 billion
Allocation to private real estate: 8.9%

The Fresno County Employees’ Retirement Association revealed a proposed pacing plan from its real estate consultant Verus.

Verus has proposed that the Fresno-based public pension plan target a $40 million commitment to a non-core real estate fund in 2024. The commitment would keep FCERA in line with its target allocation goal of 8.78 percent in 2024.

FCERA is currently overweight to core real estate but has made a redemption request.

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