Not exact matches
Trotsky said the
pension has about 10 percent of its money in PE — around the national
average for large
public retirement
funds — and has no plans to change that.
According to the Center for Retirement Research at Boston Collage, US
public pension funds at the state and local level are also underfunded by an
average of 67.9 %.
Today, U.S. - based
public pension funds have 6.8 percent of their total assets, or an
average of $ 758 million, allocated to commercial real estate, according to London - based research firm Preqin.