Two new investments were disclosed for the North Carolina Retirement System, as seen in the performance update from the February 22 Investment Advisory Committee meeting.
$200 million was committed to the private real estate fund, RXR NC Development Partners 1. The value-add fund is managed by RXR Realty.
$300 million was awarded to Centerbridge Special Credit Partners IV Co-Invest. The private credit investment is managed by Centerbridge Capital Partners located in New York.
As of December 31, 2022, the North Carolina Retirement System was valued at approximately $110 billion.
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!