During the recent Police and Fire Pension Board meeting held on May 14, 2025, in Lexington, key financial updates regarding investment strategies were discussed, particularly focusing on the LaSalle property fund. The board highlighted a commitment of $7 million to this investment strategy, with $5.6 million already called and invested in May. This investment is expected to be reflected in the cash flow statements in the upcoming quarter.

The board members noted the importance of tracking the performance of this investment, even though it will only represent a partial quarter's results. This performance update will provide insights into how well the fund is aligning with its long-term financial targets. The discussions emphasized the board's commitment to ensuring that the allocation of funds remains in line with established goals, which is crucial for the financial health of the pension fund.

Overall, the meeting underscored the board's proactive approach to managing investments and ensuring that they meet the long-term needs of the police and fire personnel in Lexington. As the board continues to monitor these investments, stakeholders can anticipate further updates on performance and strategic adjustments in future meetings.