ASRS increases allocation to private debt

The US public pension's private debt allocation has jumped to 17.20%.

Institution: Arizona State Retirement System
Headquarters: Phoenix, United States
AUM: $40.08bn
Allocation to alternatives: 41.66%
Bitesize: $200-500m

Arizona State Retirement System increased its private debt allocation from 16.73% to 17.20%.

As illustrated in the charts below, ASRS currently allocates 41.66% to alternative assets. The jump in allocation brings the pension closer to its target private debt allocation of 20%, which it expects to accomplish in the near future. Mr. Karl Polen is the current Chief Investment Officer.

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