Institution: City of Austin Employees’ Retirement System
Headquarters: Austin, US
AUM: $3.59 billion
Allocation to private debt: 3.73%
City of Austin Employees’ Retirement System is looking to reclassify its investment portfolio by increasing its target allocation to private credit in 2025.
The policy was adopted to diversify the public pension funds investment portfolio, eliminating its allocation to multi-asset strategies and increasing its private markets exposure in private credit.
