Allegheny County Retirement System

About Allegheny County Retirement System

Allegheny County Retirement System's investment portfolio is valued at $955.47 million as of July 31, 2024, with investments in private equity, real estate, hedge funds, infrastructure, real assets, natural resources, publicly traded equities, fixed income securities, cash, and other alternative asset classes. As of July 31, 2024, the private equity portfolio was valued at $177.54 million, representing 18.6% of the portfolio. This is a decrease compared to February 29, 2024, when the private equity portfolio was valued at $185.61 million. The private equity portfolio is currently underweight compared to the target allocation of 20%. Investments in private equity include buyouts, debt, direct lending, mezzanine, diversified private equity, private equity growth expansion, co-investments, fund of funds, secondaries, and venture capital strategies. As of July 31, 2024, the infrastructure portfolio was valued at $55.26 million. The pension fund's investment is governed by the retirement board, with Ms. Erica Brusselars serving as a Board President & Treasurer. The PFM Group, Mariner Investment Group, Asset Strategy Consultants, and AndCo Consulting serve as LP Consultants.