Asset Owner Directory

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)

$66

Performance

25.6

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.

29.9% Domestic Equity

1.8% Canada Index Fund

13.3% International Developed Market

3.7% International Emerging Market

25.7% Domestic Fixed Income

0.1% Inflation-Indexed Fixed Income

9.0% Real Estate

7.4% Private Equity

7.4% Strategic Lending

1.7% Cash and Cash Equivalents

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