Fundraising News

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November 07, 2022

Detroit Police & Fire Eliminates Hedge Fund Allocation; Redeems Two Real Estate Investments

The Police & Fire Retirement System of the City of Detroit has approved eliminating their hedge fund position and has redeemed investments from two real estate funds, as described in meeting minutes...

November 03, 2022

New Mexico Educational Retirement Board Commits $200 Million to Alternatives

The New Mexico Educational Retirement Board (NMERB) has committed $200 million across two alternative funds. Real Estate At the August 26th board meeting a $100 million commitment was made to the...

November 03, 2022

Indiana Public Retirement System Commits $600M to Alternatives; Terminates Two Managers

The Indiana Public Retirement System had made up to $600 million in alternative investment commitments, according to materials from the September 9 board meeting. Real Estate $50 million was...

November 02, 2022

Retirement Board of Allegheny County Commits $10 Million to Real Estate

The Retirement Board of Allegheny County has committed $10 million to real estate fund, Artemis Real Estate Partners Fund IV. This commitment to the value add fund managed by Artemis Real Estate...

November 02, 2022

New York Common Discloses September Commitments; Terminates Emerging Markets Manager

The New York State Common Retirement Fund has disclosed commitments totaling up to $1.2 billion. $20 million was allocated to private equity fund, Fortissimo Capital Fund VI. The private equity...

November 01, 2022

Missouri Local Government Employees Retirement System Commits $40M to Real Estate

The Missouri Local Government Employees Retirement System has committed $40 million to opportunistic real estate fund, Redcar Fund II, managed by Redcar Properties. The commitment was approved at the...

October 31, 2022

Illinois TRS Discloses $2.6B in New Commitments; Terminates Two Managers

The Teachers’ Retirement System of Illinois has disclosed up to $2.63 billion in new commitments, according to a recent news release. Private Equity/International Equity $50 million was allocated to...

October 26, 2022

Chicago Teachers’ Pension Fund Commits $60M to Alts

The Chicago Teachers’ Pension Fund (CTPF) will commit up to $60 million across two alternative investments. $35 million will be allocated to the value-add real estate fund, Longpoint Realty Fund III....

October 25, 2022

Massachusetts Bay Transportation Authority Terminates Real Estate Manager

The Massachusetts Bay Transportation Authority Retirement Fund has approved the termination and full redemption of BentallGreenOak Multi-Employer Property Trust. According to meeting minutes, the...

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