West Palm Beach Police Commits $12M to Private Equity

The West Palm Beach Police Pension Fund approved a commitment of $12 million to Taurus Private Markets Fund II, according to Minutes from the July 12th Board meeting. 

This commitment represents an ongoing relationship for the pension fund. 

As of June 30, 2024, the $475 million pension fund allocated approximately 17.7% to private equity. Other managers in the portfolio include RhumbLine, Aberdeen, and Lazard.

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!