Arizona PSPRS increases target allocation to private debt

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

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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.

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