Institution: City of Tallahassee Pension Fund
Headquarters: Tallahassee, United States
Allocation to alternatives: 27.40%
City of Tallahassee Pension Fund has increased its allocation to agriculture from 2.55 percent in September 2018 to 4.92 percent in March 2019, a contact at the pension informed Agri Investor. This follows on from another hike in agriculture exposure from 1.61 percent in September 2017.
The $1.69 billion US public pension has a 5.0 percent target allocation to agriculture.
As illustrated in the charts below, the pension’s most recent commitment to an agriculture fund was $30 million to 2017 vintage BTG Pactual US Timberland Fund (Core Open-Ended).
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