Summary
The board committed $6 million to two private equity funds to build toward a 5% allocation target by 2030-2031. The overall portfolio is up about 10.9% this year and beating its benchmark, which is good news for the pension's long-term health.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Discussed at 1 meeting in the last 60 days; most recently Sep 15, 2026.
Impact analysis
$6 million in new private equity commitments drawn down over several years.
Current and future retirees whose pensions depend on fund performance.
Mentions & discussions (2)
Employees' Retirement System - Sep 15, 2026
The board committed $6 million to two private equity funds to build toward a 5% allocation target by 2030-2031. The overall portfolio is up about 10.9% this year and beating its benchmark, which is good news for the pension's long-term health.
Joint Retirement Board of Trustee - Aug 18, 2026
Both systems have a 5% private equity target that will be built over four to five years. The police/fire board committed $5 million each to two buyout funds; the employees' board ran out of quorum before voting.
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