Wichita Retirement Targets $25M to Timber

The Wichita Retirement Systems is planning to commit $25 million to Timber in 2024, according to minutes from the November 2 board meeting.

WRS currently allocates 6.5% to Timber with a target allocation of 5% target and a range of 3%-7%.

Molpus is the current timber manager. Wichita has invested in Funds III and IV previously. Discussions will be held to determine if Mopus is the best timber manager for the new allocation.

General consultant, Callan, assisted with the decision.

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: Helen Bascom, Marketing Associate

Helen Bascom is a Marketing Associate at Dakota.

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