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VRS realizes 12.1% return for fiscal year 2017

The US public pension has exceeded both its benchmark and assumed rate of return.

By
PEI Staff
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Virginia Retirement System's private equity programme returned 20.6 percent. The portfolio included approximately $6.5 billion in the asset class.

The $74 billion US public pension has a 12 percent target allocation to private equity that currently stands at 8.7 percent.

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