Institution: Houston Firefighters’ Relief and Retirement Fund
Headquarters: Houston, United States
AUM: $4.62 billion
Allocation to alternatives: 27 percent
Houston Firefighters’ Relief and Retirement Fund has approved a $20 million commitment to Portfolio Advisors Secondary Fund IV, according to minutes from the pension’s January 2021 investment board meeting.
As illustrated below, Houston Firefighters’ secondaries fund commitments have focused on the private equity sector across North America, Western Europe and Asia-Pacific.
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