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FUNDRAISING NEWS | June 05, 2024
Tags: Pension Funds, Fixed Income
At the May 8 board meeting, the Lubbock Fire Pension Fund approved the use of the JP Morgan Core Bond Fund and Dodge & Cox Income fixed income strategies.
JP Morgan and Dodge & Cox will replace Metropolitan West Total Return Fund.
The $35.7 million mandate will be split evenly ($17.85 million each) between JP Morgan Core Bond Fund and Dodge & Cox Income.
CAPTRUST assisted with the recommendation.
As of March 31, the Pension fund had a value of $271.9 million in assets.
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: Jane Bailey, Marketing Associate
Jane Bailey is a Marketing Associate at Dakota.
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