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FUNDRAISING NEWS | April 06, 2023

St. Louis Firemen’s Retirement Planning Real Estate & Timber Searches

Tags: Pension Funds, Alternative Insights, Real Estate, Real Assets

The Firemen’s Retirement System of St. Louis is planning two searches for real estate and timber asset classes, according to meeting minutes from the February 23 board meeting.

This comes as a result of the $131 million Retirement System increasing their Real Estate target allocation to 10% in addition to adding Timber as a new asset class with a 5% target allocation.

Investment consultant, Dahab, will conduct the searches.

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!

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Written By: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.

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