City of Pontiac General Employees' Retirement System's investment portfolio is valued at $468.97 million as of March 31, 2024, with investments in private equity, real estate, publicly traded equities, fixed-income securities, and cash. Its return for the quarter, 1 year, 3 years, 5 years, and 10 years were 4.9%, 12.1%, 3.8%, 8.3%, and 7.4%, compared to the benchmark return of 5%, 14%, 4%, 8.3%, and 7.6%, respectively. As of March 31, 2024, the private equity portfolio was valued at $6.50 million, representing 1.4% of the total portfolio. There is a decrease compared to December 31, 2023, when the private equity portfolio was valued at $6.61 million. The private equity portfolio is currently underweight compared to the target allocation of 3% to 7.5%. Investments in private equity include buyouts, diversified private equity, private equity growth expansion, mezzanine, distressed debt, and venture capital fund strategies. The plan's investment is governed by the board of trustees, with Mr. Sheldon Albritton serving as Chairman of the Board of Trustees. Dahab Associates serves as the LP Consultants.
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City of Pontiac General Employees' Retirement System is a public pension fund based in Auburn Hills, United States, managing approximately $470M in assets.
City of Pontiac General Employees' Retirement System is headquartered in Auburn Hills, United States.
City of Pontiac General Employees' Retirement System manages approximately $470M in assets under management.
City of Pontiac General Employees' Retirement System was founded in 1946.
City of Pontiac General Employees' Retirement System focuses on Buyout, Distressed Debt, Private Equity, Growth/Expansion, Mezzanine, Real Estate - General, Venture Capital, Venture Capital - Early Stage.
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