Fund Universe Library

Investment Plan Prepared at the specific request of: SAN DIEGO ... EMPLOYEES’ ... MENT SYSTEM NOVEMBER ... 2024 ... StepStone Atlantic Fund was formed by StepStone Group (“StepStone”) with San Diego City Employees’ Retirement System (“SDCERS” or the “System”) to construct a private equity and infrastructure Investment Program (“Program”), that includes primary fund commitments, co-investments, and secondary transactions with the goal of maximizing long-term, risk-adjusted returns.

Real Estate NAREIT U.S. Equity REITS 2.68% 2.68% -19.22% 12.08% 6.02% 5.97% FTSE Global Core Infrastructure Index -1.05% -1.05% -10.00% 9.95% 7.25% 7.32% ... Total NIC Portfolios - Highlights As of March 31, 2023 ... | Fixed Income (Core) Fixed Income (RS) | Non-U.S. Equity Private Equity | U.S. Equity Global Equity Real Estate | Actual 23.7% 10.8% 22.1% 19.2% 9.9% 6.7% 7.5% | Defined Benefit Plan Cash Balance Benefit Policy Difference Policy Ranges Actual Policy Difference Policy Ranges ..

This Annual Report is designed to give Nebraska citizens a summary of Council activity, and an overview of portfolio structure and performance for the assets entrusted to the Council as outlined in Neb. Rev. Stat. 72- 1243. This report and a wealth of other information about the Nebraska investment program— including ... specific manager detail in quarterly performance reports—can be found on the Nebraska Investment Council website at http://nic.nebraska.gov. Please contact me with any questions

Members of the OCERS Board of Retirement: We are pleased to present the Annual Comprehensive Financial Report (Annual Report) of the Orange County Employees Retirement System (OCERS or System) as of and for the year ended December 31, 2022. The information contained in this report is intended to provide a detailed overview of the System’s financial and investment results for the year ended December 31, 2022. It also includes information from the current actuarial valuation as of December 31, 202

Capital Accumulation Plan Q12023 Performance Craig Chaikin, Callan, Senior Vice President provided an update on the CAP 1 st quarter performance. ... the meeting at 9:20 ... Third Quarter 2023 ... | Real Estate | | -2.1 | | | -8.1 | | | -12.9 | | | | 6.2 | | | 4.7 | | 7.2 | | | ... Third Quarter 2023 Performance Review ... Real Estate -0.8 -2.1 0.2 13.6 11.0 11.8 10.2 01/01/95 Real Estate Custom Benchmark -2.8 -5.9 -10.3 7.6 6.1 8.3 7.8 Real Estate (GOF) -0.7 -1.8 0.7 14.3 11.7 12.8 11.4

TOTAL GROWTH EQUITY $331.3 56.8% 56.0% RATE SENSITIVE 112.4 19.3% 20.0% CREDIT 51.2 8.8% 9.0% REAL ASSETS 87.8 15.1% 15.0% CASH 0.0 0.0% 0.0% ... 100 ... % 100 ... Fiscal YTD 13.18% 1 Year 13.18% 3 Years 10.45% 5 Years 7.89% Since Inception 7/1/2008 6.40% ... MARYLAND POST RETIREMENT HEALTH BENEFITS TRUST QUARTERLY INVESTMENT UPDATE ASSET CLASS BY MARKET VALUE AND ALLOCATION ... TOTAL PLAN INVESTMENT PERFORMANCE FOR PERIODS ENDED 6/30/2025 ... June 30, 2025 * May not add due to rounding.

75 Report on Investment Activity 82 Asset Allocation Changes in Net Asset Value 83 Diversifcation of Investments 84 Domestic Equity Distribution Domestic Equity Externally Managed Style Distribution 85 International Equity Style Distribution Global Equity Style Distribution 86 Public Equity Holdings by Industry Distribution Ten Largest Public Equity Holdings 87 Public Equity Country Exposure Distribution Real Estate Equity by Property Type ... 88 Breakdown of Real Estate Equity Portfolio Geograp

New York State Teachers’ Retirement System October 26, 2023 Board Meeting Summary of Actions ... Renewed the agreement with StepStone Group LP to serve as a private equity and private debt consultant, for one year, effective Feb. 1, 2024. Authorized the Executive Director and Chief Investment Officer to contract with StepStone Group Real Estate LP to serve as a real estate consultant, for one year, subject to the satisfactory completion of legal due diligence. Authorized the Executive Director a

The State Investment Fund’s (SIF) discussion and analysis of the financial activities for the fiscal year (FY)ended June 30, 2023 is presented by management to provide an overall review of the financial activitiesduring the year and a comparison to the prior year’s activity.The SIF temporarily invests the operating funds of Wisconsin State Agencies, the Wisconsin Retirement System (WRS), and various local government units (Local Government Investment Pool – LGIP).Following this section are the f

The State Investment Fund’s (SIF) discussion and analysis of the financial activities for the fiscal year (FY) ended June 30, 2024 is presented by management to provide an overall review of the financial activities during the year and a comparison to the prior year’s activity.The SIF temporarily invests the operating funds of Wisconsin state agencies, the Wisconsin Retirement System (WRS), and various local government units (Local Government Investment Pool – LGIP).Following this section are the

This document is the fifth annual report on physical development under the University of Washington’s Seattle Campus Master Plan as approved by the Seattle City Council in February 2019. The report is structured to respond to reporting requirements found in the City University Agreement (Ordinance 121193), the ordinance approving the Campus Master Plan (Ordinance 125733), and the Conditions of Approval attached to that ordinance. This report covers January through December 2023. ... During the r

Annual Report 2024-25 [PDF] – summarises the progress we made during the previous year. Major council land asset set to be boosted by £1.2m investment

Treasurer Erick Russell released the following statement on Monday in response to a new report from Pensions and Investments showing Connecticut’s pension funds had the highest outperformance of investment benchmarks among the 68 public pension funds tracked by the publication in Fiscal Year 2023. ... Most of the public funds tracked by Pensions and Investments did not meet their one-year benchmark returns in FY23. Of the 26 that did, Connecticut’s pension funds were the only to exceed its bench

Steve Spook, Senior Investment Officer, Real Estate, provided an overview of the market; performance; risks and ... issues to consider; opportunities and priorities; the Real Estate portfolio sector allocation; leverage; diversification; and 6 ... recent activity. Regarding performance, the total asset class had strong performance and discussed the contributors to the strong outperformance. Steve answered questions from IAC members. ... the·2· ·correlations from Fixed Income and Global Equity.·3

PERFORMANCE. REPORT. As of December 31, 2022. Page 4. Portfolio Performance. YTD. 1 Year. 3 Year. 5 Year. 10 Year. Inception. Pennsylvania SERS: Total Real

IRR Performance Page 3 Executive Summary | Activity Update| Performance Update |. Fund Size $328,792,500 … returns, performance, opinions

LACERA Board of Retirement ... Empowering Success Through Shared Action ... May 20-2 ... , 2025 ... Amy Dunn, JD, Vice President, and Senior Consultant, Segal, Health Compliance Practice ... Healthcare Landscape: Federal Legislation Executive Action ... More on Pharmaceuticals Taxes, Spending, and the Budget ... Medicare Part D and Medicare Advantage

For the fiscal year ended June 30, 2021, our Real Assets Portfolio returned 9.59%, underperforming the median peer by 7.83%.

TEACHER RETIREMENT SYSTEM OF TEXAS ... Actuarial Valuation Report ... As of August 31, 2024 ... , 2 ... report may not ... Based on this actuarial valuation as of August 31, 2024, the Fund’s UAAL has increased to $60.6 billion ... compared to $57.9 billion as of August ... 31, ... 23. ... primary reason for ... approximate $ ... The actuarial ... report as of August 31, ... 2024 reveals that the funded ratio (the ratio of ... The actuarial valuation of the TRS as of August 31, 2024 indicates tha

ReportonInvestmentActivities Table1:AssetAllocation 117 Table2:InvestmentSummary 118 Table3:InvestmentAllocations ... ... ... 119 Table4:LargestFixedIncomeInvestments 120 Table5:LargestEquityInvestments 120 Table6:Policy Benchmarks 121 Table7:InvestmentPerformance:Time-WeightedReturns ... ... ... ... 122 Table8:InvestmentManagerFees 124 Table9:ExternalManagers 125 Table10:BrokerCommissions 127 Table11:BrokerCommissionsby AssetClass ... ... ... 128 Table12:SummaryofInvestmentPerformanceMetrics 12

2024 ANNUAL COMPREHENSIVE ... FINANCIAL REPORT ... Report on Investment Activities ... Table 1: Asset Allocation................................................................................................................................. 115 ... Table 2: Investment Summary ........................................................................................................................ 116 ... Table 3: Investment Allocations

’s overweight in U ... Treasuries. Mr. McCormick concluded by stating generally the ... Trust outperformed relative to the benchmarks and that real estate drove most of the outperformance. 5. ... – Kendall Courtney. ... Teacher Retirement System of Texas Performance Review: Fourth Quarter 2023 ... In Q4 2023, global equity markets rose due to a strong rally in November and December as market participants anticipated a higher probability of interest rate cuts in 2024.Global equities rose 7.9% for

Discuss the Fourth Quarter 2023 Performance Review –Mike McCormick, Aon. Mr. Mike McCormick provided an overview of the Trust’s performance. He stated for ... Mr. McCormick ... a 9.7 percent rate of return, versus ... 7.6 for ... 210 ... basis points over the benchmark. He said an important takeaway was real estate has added a lot of ... value. He noted the long Treasury exposure of the fund created a headwind relative to some peer ... • Performance. ... Teacher Retirement System of Texas Per

’s overweight in U ... Treasuries. Mr. McCormick concluded by stating generally the ... Trust outperformed relative to the benchmarks and that real estate drove most of the outperformance. 5. ... – Kendall Courtney. ... Teacher Retirement System of Texas Performance Review: Fourth Quarter 2023 ... In Q4 2023, global equity markets rose due to a strong rally in November and December as market participants anticipated a higher probability of interest rate cuts in 2024.Global equities rose 7.9% for

Discuss the Third Quarter ... Performance Review – ... Mike Comstock provided ... headwind over the long term for the Trust Fund. He reported real estate as an alpha generator for ... the Trust but the one year return for the ODCE was down 10 percent. In aggregate the total ... benchmark was up 4.7, and 14.7 for the one-year period. He reported the asset allocation was in ... Teacher Retirement System of Texas Performance Review: Fourth Quarter 2024 ... Real Estate $29,947 14.4% 14.1% +0.3% 15.0

B. Real Estate ... 2024 ... 1:50) ... Officer Bobby Humes, Human Resources ... Operating Officer James Aber, ... Relations Director Kristina Taylor, Chief ... Officer Sherrie Trecker, ... Phil Paroian, Senior ... Officer – Public Equity Dorota ... ub, Senior Investment Officer – Tangible Assets Steve Draper, Senior Investment Officer – Real ... – Private Equity ... Officer – Risk Management and ... Julia Ferriera, Assistant Senior Investment Officer – Innovation Portfolio DuWayne Belles

Real Estate 51,333,000 17,286,593 34,046,407 ... REAL ESTATE The WSIB’s real estate program focuses primarily on creating a high-quality, long-term, stable income stream for the CTF. Investments target risk-adjusted returns consistent ... with our long-term expectations for the asset class. The majority of these externally-managed partnerships invest in properties leased to third parties. Steady income from lease ... payments, combined with ... potential for appreciation, generate returns that a

15-11 ... 20) ... 10. ... 20-11 ... 25) 11. Permanent Funds Strategic Asset Allocation (11 ... 25-11 ... Permanent Funds Strategic Asset Allocation ... 12. Defined Contribution Investment Beliefs ( ... 55-12:10) ... A. Defined Contribution Investment Beliefs 13. Quarterly Performance Update ( ... 2:10-12:20) A. Quarterly Performance Update ... 20-12 ... 50) ... Review and Outlook ... QUARTERLY PERFORMANCE UPDATE Presenter: Christopher J. Hanak, Chief Investment Officer Chris Hanak presented a pe

8 funds: ... Asset Class Market Values for All Funds ($ Billions) Fixed Income $44.1 Tangible Assets $10.4 Real Estate $32.8 Public Equity $51.6 Private Equity $43.0 Innovation $1.6 Cash $2.6 Asset Class Overview for All Funds ... Real Estate 0.3 ... Real Estate 20.0% ... Actual Asset Allocation Asset Class Market Value by Asset Class with Overlay Fixed Income $24,180,933,868 15.9% 16.7% ... Tangible Assets $10,392,069,524 6.8% 6.8% ... Real Estate $32,723,089,589 21.5% 21.5% ... Public Equity $

Asset Class Market Values for All Funds ($ Billions) Fixed Income $43.9 Tangible Assets $10.8 Real Estate $32.8 Public Equity $54.1 Private Equity $44.9 Innovation $1.7 Cash $1.8 Asset Class Overview for All Funds ... Real Estate 0.4 ... Real Estate 19.5% ... Actual Asset Allocation Asset Class Market Value by Asset Class with Overlay Fixed Income $23,798,726,186 15.3% 16.2% ... Tangible Assets $10,790,642,441 6.9% 6.9% ... Real Estate $32,706,925,398 21.0% 21.0% ... Public Equity $ ... Real Est

| A. Quarterly Performance Update 19. Other Items (4:15-4:20) | | --- | ... A. Economic Outlook 18. Quarterly Performance Update (4:00-4:15) ... In preparation for the upcoming strategic asset allocation modeling exercise, the Committee received a market update for each of the three private markets asset classes. Staff from Albourne, the Board’s Private Equity consultant, presented a private equity investment outlook; staff from Meketa, one of the Board’s Tangible Assets consultants, presented a

Asset Class Market Values for All Funds ($ Billions) Fixed Income $42.6 Tangible Assets $11.1 Real Estate $33.6 Public Equity $51.9 Private Equity $45.7 Innovation $1.7 Cash $2.0 Asset Class Overview for All Funds ... | | | Cash 2.3% | | --- | --- | --- | | Innovation Private Equity | 1.1% Public Equity 27.3% | 16.5% | | | Real Estate | 1.1% Public Equity 39.6% Public Equity 42.5% | | Public Equity | 27.7% | | | Real Estate | Fixed Income 20.0% | 82.4% Fixed Income 60.3% Fixed Income 55.2% | | T

The real estate portfolio investment return for the current fiscal year was -2.1 percent. Real estate markets globally experienced downward

Quarterly Report – June ... WSIB invests for 39 funds: 18 Retirement Funds 5 State Insurance Funds for injured workers 7 Permanent Funds ... Other Funds Asset Class Market Values for All Funds ($ Billions) Fixed Income $46.6 Tangible Assets $12.8 Real Estate $32.3 Public Equity $61.5 Private Equity $47.6 Innovation $2.0 Cash $2.4 Asset Class Overview for All Funds ... Real Estate 17.8% ... Real Estate 1.0% ... Actual Asset Allocation ... Asset Class Market Value by Asset Class with Overlay ... I

Real Estate Returns. Qtr. 1 Year. 3 Year. 5 Year. 10 Year. Accident. -1.11%. -4.05%. 3.60%. -0.96%. N/A. Medical Aid. -1.11%. -4.00%. 3.69%.

Real Estate Returns Qtr. 1 Year 3 Year 5 Year 10 Year Accident 2.70% -6.08% 2.99% Real Estate Benchmark: Rolling 6% across all annualized time

Performance Quarter Ended June 30, 2025 -1.56% 2.32% Real Estate Returns Qtr. Real Estate Benchmark 1.47% Performance Quarter Ended June 30

2Q 2024 CalSTRS Semi-Annual Performance Report Summary ... The CalSTRS Total Portfolio was valued of $341.4 billion as of June 30, 2024. Over the latest fiscal year, the Total Portfolio increased by $25.8 billion (net of fees and contributions/benefits). During the latest six- ... , the Total Portfolio ... by $14.4 billion (net of fees and contributions/benefits). In fiscal year 2024, the Total Portfolio ... a return of 8.4%, outperforming the policy benchmark return by 1.0%, but ... the Sta

Investment Performance at a Glance As of June 30, 2025 ... Real Estate 12.8% ... Summary of market returns for FY 2024-25 For the fiscal year ending 6/30/2025, the Total Fund gained 8.5% and outperformed its policy benchmark by approximately 10 basis points. Public Equity gained 16.3% in a volatile year with the market continuing to rise until a selloff in April due to tariff fears, followed by a strong recovery back to pre-selloff levels. The Federal Reserve cut interest rates by 100 bps be

Real Estate 12.5% ... SEMI-ANNUAL INVESTMENT SUMMARY ... STRS Real Estate-Fixed Inc ... 263 ... 724,091 ... | Real Estate | | | BlackRock Realty | 1,589,624,520 1,862,910,106 | | CalSTRS RE Loans Receivable | 6,293,859,600 5,956,357,153 | | CalSTRS Real Estate-Fixed Inc | 232,853,299 263,724,091 | | CalSTRS Special Situations RE | 36,771,015,078 37,926,078,718 | | CalSTRS–Leverage Real Estate | (6,321,551,505) (5,984,526,879) | | CB Richard Ellis | 1,425,761,770 1,662,164,506 | ... | Centersquar

2Q 2025 CalSTRS Semi-Annual Performance Report Summary ... The CalSTRS Total Portfolio was valued at $367.7 billion as of June 30, 2025. Over the latest fiscal year, the Total Portfolio increased by $26.3 billion (net of fees and contributions/benefits). During the latest six-month period, the Total Portfolio increased by $18 billion (net of fees and contributions/benefits). In fiscal year 2025, the Total Portfolio generated a return of 8.5%, outperforming the Policy Benchmark return by 0.1%

4Q 2025 CalSTRS Semi-Annual Performance Report Summary ... The CalSTRS Total Portfolio was valued at $392.2 billion as of December 31, 2025. Over the latest calendar year, the Total Portfolio increased by $42.5 billion (net of fees and contributions/benefits). During the latest six-month period, the Total Portfolio increased by $24.5 billion (net of fees and contributions/benefits). In calendar year 2025, the Total Portfolio generated a return of 13.0%, outperforming the Policy Benchmark ret

at a Glance As of December 31, 2 ... Real Estate 12.5% ... Summary of market returns for 2025 For the year ending 12/31/2025, the Total Fund gained 13% and outperformed its policy benchmark by approximately 31 basis points. Public equity markets rose 22.8% and continued their historic rise, led by strong non-US equity market performance. Interest rates fell and the Federal Reserve began cutting interest rates in September, driving strong performance in Fixed Income markets. Over the longer-term

Performance As of Q3 2024 ... Source: State Street - PrivateEdge, NCREIF, FRED ... -8.7% -0.3% ... 3.4% ... 6.4% -8.7% -0.3% ... 3.5% ... 7.1% -4.0% ... -1.0% -1.3% ... 0.4% -8 ... 0% -1.0% ... 2.1% ... 5.2% ... 2.4 ... 4.8 ... 2.9 ... -10 ... 0% -6.0% -4.0% -2.0% ... 1 Year 3 Year 5 Year 10 Year ... Historical Net Time-Weighted Returns ... Total Return Active Legacy ODCE Inflation ... Funding Status and Compliance As of Q3 2024 ... Portfolio Diversification ... Property Type

| Investment Committee Semi-annual Activity Report | | ... | --- | --- | ... 5. REAL ESTATE ... CALSTRS INVESTMENT COMMITTEE RE SEMI-ANNUAL ACTIVITY REPORT - ... Real Estate Net Time Weighted Returns * NFI-ODCE is reported on a one quarter lag. ... Real Estate Outlook for Rent Growth ... | Fast Facts (06/30/2025) Net Asset Value | ($ in millions): $46,974 | | --- | --- | | RE Allocation Current: Long-term target: | within Total Portfolio: 12.8% 15.0% | | Benchmark: NFI-ODCE Value-Weigh