The Kentucky Teachers’ Retirement System has committed up to $65 million to Rockwood Capital Real Estate Partners Fund XII, according to meeting materials from the September 19 board meeting.
The value-added real estate fund is managed by Rockwood Capital, with offices in Los Angeles, San Francisco, and New York.
As of June 30, 2022, the $22 billion Retirement System has an actual and target allocation to real estate of 7.6% and 7% respectively.
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