---
title: Newport News Retirement Considering Real Estate, Infrastructure Searches
description: Newport News Retirement Considering Real Estate, Infrastructure Searches
image: https://dakotafunds.com/hubfs/Imported_Blog_Media/Newport%20News%20VA%20image.jpeg
---

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# Newport News Retirement Considering Real Estate, Infrastructure Searches

**Written by: ** Helen Bascom, Marketing Associate 

![](https://dakotafunds.com/hubfs/Imported_Blog_Media/Newport%20News%20VA%20image.jpeg)

According to minutes from the January 25 Board meeting, the City of Newport News Employees' Retirement Fund is considering a number of manager searches for the year.

Investment consultant Meketa recommended potentially conducting searches for non-core real estate, non-core infrastructure, and an active international developed equity manager search. 

As of June 30, 2023, the $1 billion pension fund allocates 4.7% to real estate, 5.4% to natural resources/infrastructure, and 12.8% to international equities.

*For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of [Dakota Marketplace](https://www.dakota.com/dakota-marketplace)! *

 Tags: [Pension Funds](https://dakotafunds.com/dakota-funds/tag/pension-funds), [Real Estate](https://dakotafunds.com/dakota-funds/tag/real-estate), [International Equities](https://dakotafunds.com/dakota-funds/tag/international-equities)

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