TERS to increase allocation to alternatives

The US public pension anticipates higher allocation to alternatives.

Institution: Tacoma Employees’ Retirement System
Headquarters: Tacoma, United States
AUM: $1.89bn
Allocation to alternatives: 18.20%
Bitesize: $10-50m

Tacoma Employees’ Retirement System plans to increase its allocation to alternatives over the next twelve months to meet its strategic asset allocation target, a source at the public pension informed Private Equity International.

The $1.89 billion US public pension has a current allocation of 18.20 percent to alternative investments, of which 7.60 percent is allotted to private equity.

As illustrated below, TERS has historically committed to funds focused on diversified sectors within the North American region.

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