Pablo Rosas Martinez

Investment consultant NEPC proposes committing $55m to value-add real estate in 2024 to keep in line with City of Fresno's policy targets.

The US public pension fund has approved a target of $120m to private real estate in the new year.

The commitments include $100m each to IPI Data Center Partners III, Alterra IOS Venture III and KKR Real Estate Partners Americas IV.

The sovereign wealth fund revealed the commitment at its April board meeting.