CalSTRS Approves Target Allocations

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.

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! New call-to-action

Written By: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.

logo-1

The leading intelligence platform on institutional and RIA data