Institution: Houston Firefighters’ Relief and Retirement Fund
Headquarters: Houston, United States
AUM: $4.13 billion
Allocation to alternatives: 26%
Houston Firefighters’ Relief and Retirement Fund has confirmed $71 million-worth of private equity commitments to two vehicles, according to minutes from the pension’s July 2020 board meeting.
The $4.13 billion US public pension has a 20 percent target allocation to private equity that currently stands at 17 percent.
As illustrated below, the pension’s recent private equity commitments have been to buyout funds focusing on North America and Europe.
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