Legislative Tracker

HB 84: Firefighters’ Pension Fund; invest up to 10 percent in alternative investments; provide

Voted 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
Yea
John Pezold's Vote

Vote Totals

The table below breaks down the total number of votes, and marks the majority vote.

Voted Total % Majority Vote?
Yea 162 90% Majority Vote
Nay 0 0%
Did not vote 5 2.8%
Excused 13 7.2%