LP Profile

City of Fresno Retirement Systems

Also known as CFRS

Public Pension FundFresno, United StatesFounded 1939
$3.6B
Assets Under Management
Fresno
Headquarters
Investment Focus

About City of Fresno Retirement Systems

City of Fresno Retirement Systems' investment portfolio is valued at $3.59 billion as of September 30, 2023, with investments in private equity, real estate, infrastructure, real assets, natural resources, publicly traded equities, fixed-income securities, and cash. Its returns for the quarter, 1 year, 3 years, 5 years, and 10 years were -1.9%, 10.9%, 7.1%, 6.1%, and 7%, compared to the benchmark return of -1.9%, 11.1%, 6.9%, 5.7%, and 6.7%, respectively. As of September 30, 2023, the private equity portfolio was valued at $235.13 million, representing 6.5% of the total portfolio. This is a decrease compared to June 30, 2023, when the private equity portfolio was valued at $674.7 million. Investments in private equity include buyouts, direct lending, private debt, secondaries, diversified private equity, distressed debt, private equity growth expansion, and venture capital fund strategies. The fund's investments are governed by the board of directors, with Mr. Phillip Hardcastle serving as a Board Member. NEPC serves as the LP Consultant.

Preferred Investment Types

BuyoutDebt - GeneralDirect LendingDistressed DebtPrivate EquityGrowth/ExpansionInfrastructure - GeneralReal Assets & Natural Resources - GeneralReal Estate Core PlusReal Estate DistressedReal Estate OpportunisticReal Estate Value AddedSecondariesVenture CapitalVenture Capital - Early StageVenture Capital - Later Stage

Preferred Geographies

AlabamaAlaskaAlbaniaAlbertaAndorraAsiaAustriaBay AreaBelgiumBosnia and HerzegovinaBritish ColumbiaCaliforniaCanadaConnecticutCroatiaDC MetroDelawareDistrict of Columbia
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FAQ

Frequently asked questions

What type of investor is City of Fresno Retirement Systems?

City of Fresno Retirement Systems is a public pension fund based in Fresno, United States, managing approximately $3.6B in assets.

Where is City of Fresno Retirement Systems headquartered?

City of Fresno Retirement Systems is headquartered in Fresno, United States.

How much does City of Fresno Retirement Systems manage?

City of Fresno Retirement Systems manages approximately $3.6B in assets under management.

When was City of Fresno Retirement Systems founded?

City of Fresno Retirement Systems was founded in 1939.

What does City of Fresno Retirement Systems invest in?

City of Fresno Retirement Systems focuses on Buyout, Debt - General, Direct Lending, Distressed Debt, Private Equity, Growth/Expansion, Infrastructure - General, Real Assets & Natural Resources - General.

How can I contact City of Fresno Retirement Systems?

Verified contact details, key decision-makers, and investment preferences for City of Fresno Retirement Systems are available on LPbacked. Create a free account to access them.