Institution: Davie Police Officers’ Pension Plan
Headquarters: Sunrise, United States
Total AUM: $157.78m
Allocation to Alternatives: 12.5%
Davie Police Officers’ Pension Plan has agreed to commit $8 million to three private real estate funds, as confirmed by a contact at investment consultant agency Dahab Associates.
The commitments comprise of $4 million to Trumbull Property Growth and Income Fund, $2 million to Bloomfield Capital Income Fund V, and $2 million to Sound Mark Horizons Fund.
The $157.78 million public pension currently allocates 12.5% of its funds to real estate.
As illustrated in the charts below, the Pension’s last recorded private real estate fund commitment was to 2003 vintage fund American Core Realty Fund.
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