The investment portfolio of the Colorado Public Employees' Retirement Association (PERA) has returned 17.4 percent for the year ending Dec. 31, 2020.
In addition, the total fund was valued at $58.3 billion, compared with $51.7 billion at the end of 2019, according to PERA’s 2020 financial report.
“This report reflects the ways in which we met the challenges faced in a highly unusual year,” said Ron Baker, executive director of PERA. “Last year was a tough year for so many people, and at PERA our focus remained on members and retirees.”
As of Dec. 31, the pension fund’s actual asset allocation to real estate was 8 percent, and 4.1 percent was to alternatives.
