FUNDRAISING NEWS | June 20, 2024
At the May 9th Board meeting, the Firefighters’ Retirement System of Louisiana approved new target allocations according to meeting materials.
In equities, the large cap equity target was decreased by 0.5% to 22%, the small/mid cap equity target was decreased by 1.5% to 6.5%, the international equity was decreased by 0.5% to 11%, and Emerging Markets Equity was also decreased by 0.5% to 4.5%.
Additionally, the core bonds target was raised by 2% to 22%, the global multi-sector fixed income target was increased by 2% to 4%, and lastly the real estate target was decreased by 2% to 4%.
NEPC assisted with the recommendations.
As of May 31, 2024, Louisiana FRS was valued at approximately $2.4 billion.
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! 
Helen Bascom is a Marketing Associate at Dakota.
