Also known as GRSD
General Retirement System of the City of Detroit's investment portfolio is valued at $1.67 billion, as of June 30, 2023, with investments in 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 June 30, 2023, the private equity portfolio was valued at $118.20 million, representing 7% of the total portfolio. This is a decrease compared to June 30, 2022, when the private equity portfolio was valued at $121.70 million. Investments in private equity include buyouts, diversified private equity, fund of funds, private equity growth expansion, co-investments, mezzanine, venture capital, private debt, and secondary fund strategies. It had unfunded private equity commitments amounting to $46.01 million as of June 30, 2023. The portfolio is not open to any first-time fund investments. The fund's investments are governed by the board of trustees, with Ms. Crystal Perkins serving as Chairwoman of the Board of Trustees. NEPC serves as the LP Consultant.
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General Retirement System of the City of Detroit is a public pension fund based in Detroit, United States, managing approximately $1.7B in assets.
General Retirement System of the City of Detroit is headquartered in Detroit, United States.
General Retirement System of the City of Detroit manages approximately $1.7B in assets under management.
General Retirement System of the City of Detroit was founded in 1938.
General Retirement System of the City of Detroit focuses on Buyout, Co-Investment, Debt - General, Direct Lending, Distressed Debt, Private Equity, Fund of Funds, Growth/Expansion.
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