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FUNDRAISING NEWS | May 10, 2024

Laredo Firefighters' Increases Target to US Large Cap

Tags: Pension Funds, Alternative Insights, Real Estate, Equities

The Laredo Firefighters’ Retirement System has approved changes to their target allocations including an 8% increase to US Large Cap Equities.

The US large cap equity target increased from 23% to 31%.

As a result, US mid cap equities were lowered from 8% to 4%, and US small cap equities was lowered from 10% to 6%. 

The board also approved the creation of a 1% allocation to private real estate. Public real estate was reduced from 5% to 4%. 

Consultant, FEG Investment assisted.

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!    New call-to-action

Written By: Jane Bailey, Marketing Associate

Jane Bailey is a Marketing Associate at Dakota.

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