FUNDRAISING NEWS | August 16, 2024
Tags: Pension Funds, Equities, Fixed Income
The California State Teachers’ Retirement System has approved new target allocation adjustments, per materials from the July 23rd Board meeting.
A 1% increase was approved for the Fixed Income portfolio, changing the target allocation to 13%. While a 1% decrease was approved for the Public Equity portfolio, making the target allocation 40%.
The actual allocations to Public Equity and Fixed Income exposures being 41.7% and 11.3% respectively.
Furthermore, the target allocation of other exposures remained unchanged, with a target of 15% to real estate, 14% to private equity, 10% to RMS, 6% to inflation sensitive exposures, and 2% to cash/liquidity.
CalSTRS was valued at $344.9 billion as of July 31, 2024.
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Written By: Helen Bascom, Marketing Associate
Helen Bascom is a Marketing Associate at Dakota.
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