Jer Ping Leow
Boston Retirement System has revealed $50m of commitments to two value-add real estate funds exceeding the $30m-$45m initial recommendation to value-add from their investment consultant NEPC, recent meeting materials has shown.
The retirement system's board is seeking funds that have a core, core-plus, value-add or opportunistic strategy.
The US sovereign wealth fund committed $550m to real estate.
The US pension fund seeks to fulfill its 2024 real estate pacing plan commitments of $75m.
New York State Common Retirement Fund has committed $300 million to Waterton Residential Property Venture XV, according to a recent monthly transaction report.
City of San Jose Police & Fire Department Retirement Plan will commit $70m to private real estate for the 2023-24 fiscal year.
The Louisiana State Police Retirement System has proposed an increase in its private real estate allocation as per its materials from a recent investment committee meeting.
Kern County Employees Retirement Association has announced its private markets pacing plan, according to its recent board meeting material.
CPP Investments has committed $205m to IndoSpace Logistics Park IV.
Contra Costa County Employees’ Retirement Association have revealed a $80 million commitment to Blackstone Strategic Partners Real Estate Fund VIII in their latest meeting materials.