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FUNDRAISING NEWS | October 15, 2024

Fairfax County Cuts Alts, Ups Fixed Income Allocation

Tags: Pension Funds, Alternative Insights, Fixed Income

The Fairfax County Educational Employees’ Supplementary Retirement System (ERFC) approved a motion to revise its asset allocation strategy, following recommendations from Segal Marco, at its September 20 board meeting. 

Segal Marco presented three potential allocation options, and the Board voted to adopt one that sees it reduce total alternatives exposure by 7%, reallocating that capital to increase the fixed income allocation by 7%.

Per Dakota data, ERFC oversees $3B in assets.

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Written By: Dakota

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