Institution: Lubbock Fire Pension Fund
Headquarters: Lubbock, United States
Allocation to alternatives: 18.17%
Lubbock Fire Pension Fund has increased its allocation to private equity from 5.6 percent to 5.8 percent as of March 2019, a contact at the pension informed Private Equity International.
The $193.22m US public pension has subsequently inched closer towards its target private equity allocation of 6.50 percent.
As illustrated in the charts below, Lubbock Fire’s previous commitment to a private equity fund was to 2018 vintage Greenspring Global Partners IX.
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