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CTPF approves $50m in commitments

The US public pension has backed two North America-focused funds.

Chicago Teachers' Pension Fund has approved commitments of $25 million each to Green Oaks US Fund III and Oak Street Real Estate Fund IV.

The $10 billion US public pension has a 7 percent target allocation to real estate that stands currently at 7.9 percent.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.