The Southern Nevada Culinary and Bartenders Pension Fund, Las Vegas, is conducting an asset allocation study and reviewing its investment policies, said Wolf Elliot, chairman of the $1 billion fund's investment committee.
The study is looking at, among other things, increasing the fund's equity exposure - currently at 40% - and investing in real estate for the first time.
The fund will review the study in late March; Marco Consulting Group is assisting with the examination.