Austin Police Adds 2 Fixed Income Managers

The City of Austin Police Retirement System has added two new managers to their fixed income portfolio, Baird and Dodge and Cox, according to minutes from the February 21st board meeting.

The funds are being reallocated from the liquidation of the $130 million fixed income position managed by Orleans Capital.

Funds will be allocated equally to both Baird Aggregate Core Fund and the Dodge and Cox Income Fund I.

As of December 31, 2023, the $1 billion pension fund allocates approximately 12.9% to core fixed income with a target of 12.5%. And approximately 5% to non-core fixed income with a target of 5%.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!

Written By: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.

Related Content

Monroe County Taps Hudson Edge in Int’l Equity Search
February 11, 2025

Dallas ERF Reduces Ariel Allocation to $40M, Drops Wamco
February 07, 2025

Kentucky Teachers Commits $50M to Galliard Core Fixed Income Fund
February 07, 2025

LA Fire & Police Narrows Core FI Search, Extends Eastern Shore Contract
February 06, 2025

Oakland P&F Narrows Down to Six Picks in Core, Core-Plus FI Manager Searches
January 31, 2025

The Database For Cold Outreach to Reach Institutional and RIA Investors

Book A Demo

Austin Police Adds 2 Fixed Income Managers

Subscribe

Related Content

The Database For Cold Outreach to Reach Institutional and RIA Investors

Address

Products & Services

Resources

Events

Company