Institution: New Hampshire Retirement System
Headquarters: Concord, United States
AUM: $8.7 billion
Allocation to alternatives: 30.1%
New Hampshire Retirement System intends to commit up to $100 million across five to 10 investments in fiscal year 2021, according to the institution’s July 2020 retirement board meeting document. The public pension is aiming to achieve and maintain its target allocation to real estate. It also plans to increase its exposure to non-core strategies to take advantage of market dislocations.
The $8.7 billion US public pension currently has a 10 percent target allocation to private real estate that currently stands at 11 percent. It also invests in asset classes such as private equity and private debt.
As illustrated below, the pension’s recent commitments have been made to funds that primarily employ a core-plus strategy in North America.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.