Pensions
Iowa Public Employees’ Retirement System Returns 9.07% in Fiscal 2024
The fund’s assets grew to $43.61 billion by the end of June.
The fund grew to $41.13 billion, a $1 billion increase over the last fiscal year.
The reallocation sees the fund increasing its overall investment in private equity by 400 basis points.
Asset value of trust fund falls by more than $2.7 billion to end the year with just over $40.1 billion.