---
title: Southfield ERS Invests $1M to Real Estate
description: Southfield ERS Invests $1M to Real Estate
image: https://dakotafunds.com/hubfs/Imported_Blog_Media/detroit_pension-3.jpg
---

[![dakota_logo](https://dakotafunds.com/hs-fs/hubfs/dakota_logo.png?width=150&height=44&name=dakota_logo.png) ](https://dakotafunds.com)

- [ About ](https://dakotafunds.com/about-us)
- [ Team ](https://dakotafunds.com/team-update)
- [ Partners ](https://dakotafunds.com/clients)
- [ Contact ](https://dakotafunds.com/contact-us-update)

[![dakota_logo](https://dakotafunds.com/hs-fs/hubfs/dakota_logo.png?width=150&height=44&name=dakota_logo.png) ](https://dakotafunds.com)

**

- [ About ](https://dakotafunds.com/about-us)
- [ Team ](https://dakotafunds.com/team-update)
- [ Partners ](https://dakotafunds.com/clients)
- [ Contact ](https://dakotafunds.com/contact-us-update)

# Southfield ERS Invests $1M to Real Estate

**Written by: ** Morgan Holycross, Marketing Manager 

![](https://dakotafunds.com/hubfs/Imported_Blog_Media/detroit_pension-3.jpg)

At the January 16 board meeting, the Southfield Employees’ Retirement System approved a $1 million commitment to TerraCap VI.

According to meeting minutes, there is potential to increase the allocation to the value-add real estate fund at a later date.

Southfield ERS’s general consultant, AndCo, assisted with the commitment.

As of Dec 31 2023, the $123 million Retirement System’s actual allocation to real estate was 7.7% and the target was 8%.

*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)! *

 Tags: [Pension Funds](https://dakotafunds.com/dakota-funds/tag/pension-funds), [Alternative Insights](https://dakotafunds.com/dakota-funds/tag/alternative-insights), [Real Estate](https://dakotafunds.com/dakota-funds/tag/real-estate)

### Recent Posts

[EP Wealth Acquires Wacker Wealth Partners](https://dakotafunds.com/dakota-funds/fundraising-news/ep-wealth-acquires-wacker-wealth-partners)   
April 04, 2024

[JTP Capital Seeking Fundraising and CRM Database Management Assistant](https://dakotafunds.com/dakota-funds/fundraising-news/jtp-capital-seeking-fundraising-and-crm-database-management-assistant)   
April 04, 2024

[$700M Merrill FAs Depart to Sanctuary](https://dakotafunds.com/dakota-funds/fundraising-news/700m-merrill-fas-depart-to-sanctuary)   
April 03, 2024

[Greenbacker Capital Seeking Internal Sales Representative](https://dakotafunds.com/dakota-funds/fundraising-news/greenbacker-capital-seeking-internal-sales-representative)   
April 03, 2024

[NY Common Commits $550M to Venture Capital, Real Estate](https://dakotafunds.com/dakota-funds/fundraising-news/ny-common-commits-550m-to-venture-capital-real-estate)   
April 03, 2024

## Related Blogs

<https://dakotafunds.com/dakota-funds/fundraising-news/san-francisco-ers-commits-230m-to-alts>

February 14, 2024

#### San Francisco ERS Commits $230M to Alts

 The San Francisco Employees’ Retirement System made four investments to alternatives, totaling $230...

[ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/san-francisco-ers-commits-230m-to-alts)

<https://dakotafunds.com/dakota-funds/fundraising-news/aurora-general-employees-considering-private-debt>

February 14, 2024

#### Aurora General Employees' Considering Private Debt

 The City of Aurora General Employees’ Retirement Board discussed the possibility of adding private...

[ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/aurora-general-employees-considering-private-debt)

<https://dakotafunds.com/dakota-funds/fundraising-news/pennsylvania-public-school-employees-allocates-445m-to-real-estate-private-equity>

October 25, 2022

#### Pennsylvania Public School Employees’ Allocates $445M to Real Estate, Private Equity

 The Pennsylvania Public School Employees’ Retirement System (PSERS) has disclosed commits of up to...

[ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/pennsylvania-public-school-employees-allocates-445m-to-real-estate-private-equity)

![footerLogo](https://dakotafunds.com/hubfs/footerLogo.svg)

```json
{
  "@context" : "https://schema.org",
  "@type" : "BlogPosting",
  "author" : {
    "@type" : "Person",
    "name" : "Morgan Holycross, Marketing Manager",
    "url" : "https://dakotafunds.com/dakota-funds/author/morgan-holycross-marketing-manager"
  },
  "dateModified" : "2024-04-04T20:20:29.432Z",
  "datePublished" : "2024-03-05T05:00:00.000Z",
  "headline" : "Southfield ERS Invests $1M to Real Estate",
  "image" : [ "https://dakotafunds.com/hubfs/Imported_Blog_Media/detroit_pension-3.jpg" ],
  "mainEntityOfPage" : {
    "@id" : "https://dakotafunds.com/dakota-funds/fundraising-news/southfield-ers-invests-1m-to-real-estate",
    "@type" : "WebPage"
  },
  "publisher" : {
    "@type" : "Organization",
    "logo" : {
      "@type" : "ImageObject"
    },
    "name" : "Dakota Funds Group"
  }
}
```