Laredo Firefighters’ Retirement System Commits $3M to Real Estate

The Laredo Firefighters’ Retirement System has made two commitments totaling up to $3M across two real-estate funds, according to meeting minutes from their August 25^th board meeting.

$1.5 million was committed to opportunistic real estate fund, Farallon Real Estate Partners IV. $1.5 million was also approved for the Raith Real Estate Fund III, an opportunistic real estate fund.

The $197.5 million pension fund’s consultant, Fund Evaluation Group, assisted with the recommendations.

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: Morgan Holycross, Marketing Manager

Morgan Holycross is a Marketing Manager at Dakota.

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