Cincinnati Retirement System

About Cincinnati Retirement System

Cincinnati Retirement System's investment portfolio is valued at over $2.31 billion as of March 31, 2024, with investments in fixed income, equities, hedge funds, real estate, infrastructure, cash, private equity, and private debt. Its returns for the quarter, 1 year, 2 years, 5 years, and 10 years were 3.1%, 11.2%, 5.1%, 8.1%, and 7%, compared to the benchmark return of 3.4%, 10.8%, 4.3%, 8%, and 7.2%, respectively. As of March 31, 2024, the private equity portfolio was valued at over $306.54 million, representing 13.2% of the total portfolio. The private equity allocation consists of $46.09 million invested in private debt strategies. This is an increase compared to December 31, 2023, when the private equity portfolio was valued at $303.03 million. Investments in private equity include buyouts, secondaries, and venture capital strategies. As of March 31, 2024, the infrastructure portfolio was valued at $244.55 million. The public pension fund's investment is governed by the Board of Trustees, with Mr. Bill Moller serving as Chairman of the Board of Trustees and Investment Committee & Member of the Governance Committee and Benefits Committee. Marquette Associates serves as the LP Consultant.