---
title: LA Water & Power Commit $120M to Real Estate
description: LA Water & Power Commit $120M to Real Estate.
---

[Dakota Funds ](https://dakotafunds.com/dakota-funds)

# [LA Water & Power Commit $120M to Real Estate](https://dakotafunds.com/dakota-funds/fundraising-news/la-water-power-commit-120m-to-real-estate)

 Written by [Koncheng Moua, Director of Data Management and Strategy](https://dakotafunds.com/dakota-funds/author/koncheng-moua-director-of-data-management-and-strategy) | November 14, 2022

The Los Water & Power Employees’ Retirement Plan has disclosed two real estate fund investments totaling up to $120 million. 

$60 million was committed to Brookfield Premier Real Estate Partners. The Brookfield fund invests in high quality, stable office, multifamily, logistics, and alternative real estate assets. An additional $15 million was committed from the Retiree Health Benefits Fund.

$60 million was committed to value-add real estate fund, EQT Exeter Industrial Value Fund VI. An additional $15 million was committed from the Retiree Health Benefits Fund.

As of August 31, 2022, the Retirement Plan has an actual and target allocation to real estate of 9.1% and 8% respectively. 

*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/la-water-power-commit-120m-to-real-estate)

```json
{
  "@context" : "http://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Koncheng Moua, Director of Data Management and Strategy"
  },
  "dateModified" : "2024-04-04T23:32:20.228Z",
  "datePublished" : "2022-11-14T05:00:00Z",
  "headline" : "LA Water & Power Commit $120M to Real Estate",
  "image" : {
    "@type" : "ImageObject",
    "height" : 480,
    "url" : "https://22672301.fs1.hubspotusercontent-na1.net/hubfs/22672301/Imported_Blog_Media/RIAs%20Los%20Angeles-1-Apr-04-2024-11-31-37-1510-PM.jpg",
    "width" : 800
  },
  "mainEntityOfPage" : "https://dakotafunds.com/dakota-funds/fundraising-news/la-water-power-commit-120m-to-real-estate",
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject",
      "height" : 60,
      "url" : "/hs/hsstatic/content_shared_assets/static-1.4092/img/default-amp-logo.png",
      "width" : 60
    },
    "name" : "Dakota Funds"
  }
}
```