Fort Lauderdale Police & Fire Commits $35M to Private Credit

Written by: Koncheng Moua, Director of Data Management and Strategy

The City of Fort Lauderdale Police & Firefighters’ Retirement System has approved a $35 million commitment to the Churchill Fund V.

CAPTRUST assisted with the private credit investment.

As of September 30, 2023, the $1 billion Retirement System has an actual and target allocation to special investments of 14.55% and 19% respectively.

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