Arizona PSPRS increases target allocation to private debt

The US public pension has increased its target allocation to private debt to 22%.

Institution: Arizona Public Safety Personnel Retirement System
Headquarters: Phoenix, United States
AUM: $9.88bn
Allocation to alternatives: 49.06%
Bitesize: $50-100m

Arizona Public Safety Personnel Retirement System has adjusted its target allocation to private debt from 16 percent to 22 percent.

As illustrated in the charts below, the $9.88 billion US public pension has a current allocation to private debt of 15.88 percent. Mr. Mark Steed is the current Chief Investment Officer.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.