Institution: San Jose Federated City Employees Retirement System
Headquarters: San Jose, United States
Allocation to alternatives: 25.50%
San Jose Federated City Employees Retirement System announced a commitment of $10.0 million to DRA Growth and Income Fund X.
The $2.11 billion US public pension has an 8.0 percent target allocation to private real estate that currently stands at 2.2 percent. This is San Jose FCERS’ first commitment to real estate with a vintage year of 2019.
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