Pensions
IPERS Plans Private Asset Reallocation
The Iowa Public Employees’ Retirement System will keep PE commitments the same and will increase commitments to private credit.
The fund grew to $41.13 billion, a $1 billion increase over the last fiscal year.
Asset value of trust fund falls by more than $2.7 billion to end the year with just over $40.1 billion.
The $31 billion fund sheds light on its new three-phase search for investment management firms.