Iowa Municipal Fire & Police Commit $15M to Venture Capital

Tags: Pension Funds, Alternative Insights, Private Equity

The Municipal Fire & Police Retirement System of Iowa has made a $15 million commitment to the Top Tier Venture Velocity Prime Fund.

Marquette made the investment recommendation at the June 22 board meeting.

The Retirement System targets 22% to Illiquid Investments. Of which, they target 81.8% to private equity.

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.

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