Tennessee Consolidated Retirement System

TCRS was established in 1972 with the consolidation of seven separate retirement systems for state employees, public higher education institution employees, public school teachers and employees of political subdivisions electing to participate in TCRS. TCRS is the defined benefit plan component of RetireReadyTN, providing lifetime retirement, survivor and disability benefits.

Country

United States

AUM ($B, AS AT DATE OF ASSET ALLOCATION)

$62

Performance (%, 1YR)

-3.63

Chief Executive

Jamie Wayman

Chief Investment Officer

Michael Brakebill

Chair

David H. Lillard

Asset allocation

TCRS has a diversified portfolio acoss geographies and assets. The Plan’s adherence to its strategic asset allocation despite market volatility and its long duration bias in fixed income contribute to its strong peer ranking.

31% Domestic Equity

2% Canada Equity

12% International Developed Market

4% Emerging Market Equity

20% Core Fixed Income

10% Private Equity - Traditional

10% Strategic Lending

10% Real Estate

1% Cash and Cash Equivalents

Website

View the annual report

Global Pension Transparency Benchmark country system description

Asset allocation as of June 30, 2022. All information is as per the most recent annual report or other publicly available data via the fund's website

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