SURS approves $50 million in real assets, returns net 8.3% in fiscal 2024, approves preliminary FY 26 state contribution

The State Universities Retirement System’s Board of Trustees voted unanimously on Oct. 24 to commit the lesser of $50 million or 10% of total fund commitments to Belay Ventures Fund IV, subject to successful contract negotiations. This is a new relationship for SURS within its Growth Oriented -Traditional Growth Asset Class.