Hartford Municipal Employees Retirement Fund

About Hartford Municipal Employees Retirement Fund

Hartford Municipal Employees Retirement Fund's investment portfolio is valued at $1.04 billion, as of September 30, 2023, with investments in domestic and international equities, fixed income, real estate, private equity, cash, real assets, natural resources, and hedge funds. Its return for the quarter, 1 year, 3 years, 5 years, and 10 years were -1.1%, 12.8%, 5.7%, 6.1%, and 6.5%, compared to the benchmark return of -1.5%, 13.6%, 5.6%, 5.3%, and 5.7%, respectively. As of September 30, 2023, the private equity portfolio was valued at $198.93 million, representing 19.1% of the total portfolio. This is an increase compared to September 30, 2022, when the private equity portfolio was valued at $116.63 million. Investments in private equity include buyouts, diversified private equity, direct lending, private debt, fund of funds, mezzanine, secondaries, private equity growth expansion, and venture capital strategies diversified in geographical locations across the globe. As of September 30, 2023, the real asset portfolio was valued at $55.22 million. The fund's investments are governed by the pension commission, with Mr. Peter Stevens serving as Chairman of the Pension Commission. Meketa Investment Group and NEPC serve as the L.P. Consultant.