Institution: Arizona Public Safety Personnel Retirement System
Headquarters: Phoenix, US
AUM: $18.7 billion
Allocation to private debt: 12.5%
In its recent board meeting, Arizona Public Safety Personnel Retirement System (PSPRS) proposed an aggressive private debt pacing plan for 2023. By Q1 2024, it projects an estimated 20 percent target allocation to private debt. As of 31 March, its private debt allocation was 12.5 percent, with a target allocation of 13.9 percent.
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