Fresno City Targeting $55M to Real Estate in 2024

The City of Fresno Retirement System is planning to commit $55 million to value-add real estate in 2024.

Staff reviewed a presentation from NEPC at the recent February board meeting which covered a review of the real estate program.

Managers that make up the non-core portfolio currently include Oaktree, PIMCO, PCCP, Artemis, Blue Vista, Brookfield, Kayne Anderson, and Alidade.

Geographically, the program’s long-term goal is to be diversified with 60% in North America, 25% Europe, and 15% to Asia.

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: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.

Plymouth County Preparing for Non-Core Real Estate Search
May 06, 2024

Fresno City Looking to Explore Non-US Real Estate
April 08, 2024

Rhode Island Targeting $510M to Alts in 2024
April 03, 2024

Boston Retirement Issues Real Estate RFP
March 18, 2024

Fresno City Targeting $55M to Real Estate in 2024
March 08, 2024