Dakota Funds

LACERS Commits $75 Million to Value-Added Real Estate

The Los Angeles City Employees’ Retirement System has disclosed a $75 million commitment to EQT Exeter Industrial Value Fund VI. 

EQT is targeting a $4 billion fund size for Fund VI. Fund VI aims to target domestic industrial properties. 

As of May 31, 2022, the $21 billion Retirement System has a target and actual allocation to real assets of 12% and 12.43% respectively.