FUNDRAISING NEWS | August 16, 2023
The Fort Lauderdale General Employees’ Retirement System has approved hiring two managers for an agriculture investment search.
$35 million will be split equally between the US Core Farmland Fund managed by US Agriculture and the AgriVest Farmland Fund managed by UBS Asset Management.
The $721 million Retirement System’s consultant, Dahab Associates, assisted with the search.
Dahab initially recommended a 5% target allocation to agriculture at the January board meeting.
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Written By: Koncheng Moua, Director of Data Management and Strategy
Koncheng Moua is the Director of Data Management and Strategy at Dakota.
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