Institution: City of Fresno Retirement Systems
Headquarters: Fresno, United States
AUM: $2.65 billion
Allocation to alternatives: 27.2%
The $2.65 billion public pension has an 8 percent target allocation to private debt that currently stands at 7.7 percent.
As illustrated in the charts below, CFRS devotes 27.2 percent of its full investment portfolio to alternative assets. The pension has a strong appetite for senior corporate debt funds that are North America-focused.
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