In July, the FPIF portfolio hit something of a milestone, it was the first time our portfolio value exceeded $8 billion. FPIF’s assets have grown due to portfolio performance and due to positive cash flow from our member funds.
For the year ending June 30, 2023, on a preliminary basis, the portfolio generated a return of 9.7%.
Further, for the same time period, FPIF experienced positive cash flow from member funds (transfers in minus transfers out) of $220,282,652.00.