---
title: Alameda Eyeing $50M for Real Estate Debt Fund
description: Alameda Eyeing $50M for Real Estate Debt Fund
---

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# [Alameda Eyeing $50M for Real Estate Debt Fund](https://dakotafunds.com/dakota-funds/fundraising-news/alameda-eyeing-50m-for-real-estate-debt-fund)

 Written by [Morgan Holycross, Marketing Manager](https://dakotafunds.com/dakota-funds/author/morgan-holycross-marketing-manager) | February 20, 2024

Alameda County Employees’ Retirement Association is targeting a $50 million real estate commitment. 

According to materials from the February board meeting, a $50 million commitment is being recommended to PGIM Real Estate U.S. Debt Fund.

PGIM Real Estate U.S Debt Fund will be the first Real Estate debt-focused investment in the ACERA Real Estate Portfolio, should the investment be approved. 

The $11.3 billion Retirement Association’s real estate consultant, Callan, assisted with the recommendation.

*For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of [Dakota Marketplace](https://www.dakota.com/dakota-marketplace)!*

* *

[View full post](https://dakotafunds.com/dakota-funds/fundraising-news/alameda-eyeing-50m-for-real-estate-debt-fund)

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