Quincy Retirement Commits $16M to Private Equity

The Quincy Retirement System approved two commitments to private equity totaling $16 million, according to minutes from the June 20, 2024 Retirement Board meeting. 

$8 million each was committed to both FS Equity Partners IX and Searchlight Capital IV. Both of these allocations represent continuations on existing partnerships for the System. 

Meketa assisted with the recommendations. 

As of April 30, 2024, the $833 million pension fund allocates approximately 24% with a policy target range of 19%-29%.

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Written By: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.

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