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FUNDRAISING NEWS | July 26, 2024
The St. Louis County Employees’ Retirement Plan is targeting a commitment pacing plan of $30 million to private equity every other year, per meeting materials from their April 25 board meeting.
A commitment of $30 million every other year will allow the private equity portfolio to reach the 6.25% target allocation by 2026. The allocation to private equity as of February 29, 2024 was at 3.3%.
As of March 31, the Retirement Fund has a market value of $865 million.
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.
February 27, 2024
March 27, 2024
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