San Jose Police & Fire increases investment range for real estate

The public pension fund has increased its minimum to 12 percent and its maximum to 25 percent

The City of San Jose Police & Fire Department Retirement Plan  increased min and max range for its private equity target allocation. It increased its minimum to 12 percent and its maximum to 25 percent, while target allocation is 17 percent.

The $3.1 billion US public pension has a 35 percent current allocation to alternatives.

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