The Quincy Retirement System has approved hiring three managers for the Non-Core Real Estate Search that was issued in March 2023.
$4 million was awarded to each of Stockbridge Value Fund V, AEW Partners Real Estate Fund X, and TerrCap Partners Fund VI.
Torchlight also presented at the May board meeting for consideration.
Meketa assisted with the search.
The $810 million Retirement System has a target and actual allocation to real estate of 10% and 10.4 % respectively.
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