City of Fresno Retirement Targets $25M to Infrastructure In 2023

The City of Fresno Retirement System reviewed their 2023 infrastructure pacing plan at the March 28 board meeting.

In 2023, the pacing plan conducted recommends $25 million in commitments to infrastructure.

Investment consultant, NEPC, assisted with the pacing study.

As of December 31, 2022, the retirement system allocates 5.7% to real assets, while they target 7% to the asset class respectively.

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