Fort Lauderdale Police & Fire Commits $35M to Private Credit

The City of Fort Lauderdale Police & Firefighters’ Retirement System has approved a $35 million commitment to the Churchill Fund V.

CAPTRUST assisted with the private credit investment.

As of September 30, 2023, the $1 billion Retirement System has an actual and target allocation to special investments of 14.55% and 19% respectively.

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!

Written By: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.

Virginia Retirement Commits $1.5B to Alts, Ends Nitorum, Orchard Investments
February 06, 2025

NY State Common Commits $1.5B to Alts in December 2024
February 05, 2025

FCERA Commits $140M to Alts, Invites FI Picks, Targets $125M for Private Markets
February 05, 2025

LACERS Makes $395.1M in Alts Investments, Reviews Q3 2024 Performance
January 17, 2025

LACERA Approves $2.2B in Commitments to Seven Alts Funds
January 03, 2025