HB 84: Firefighters’ Pension Fund; invest up to 10 percent in alternative investments; provideVoted on Friday February 10, 2017
John Pezold's thoughts
HB 84 allows the Georgia Firefighters' Pension Fund to invest up to 10 percent of its assets in alternative investments
Examples of “alternative” funds: investment pools like leveraged buyout funds, mezzanine funds, workout funds, debt funds, venture capital funds, merchant banking funds, and funds of funds and secondary funds.
Most other state pension funds have a cap at 5%More information on legis.ga.gov
The table below breaks down the total number of votes, and marks the majority vote.
|Did not vote||5||2.8%|