Austin (Texas) Police Retirement System might increase its 25% real...

Austin (Texas) Police Retirement System might increase its 25% real estate target, according to Sampson Jordan, administrator. Between existing investments and future commitments, the $348 million system has reached the target. The system's board directed its consultant, Consulting Services Group, to determine whether the system should increase its allocation by diversifying into international real estate or increasing investments with its current real estate managers, Mr. Jordan said. The consultant is expected to report to the board at its April 19 meeting.