Institution: District of Columbia Retirement Board
Headquarters: Washington DC, US
AUM: $11.3 billion
Allocation to alternatives: 13.1%
District of Columbia Retirement Board has approved a €70 million commitment to Aermont Capital Real Estate Fund V, according to the pension’s March 2022 board meeting minutes.
DCRB has a established relationship with Aermont Capital, as they have previously committed capital to predecessor funds.
The $11.3 billion US public pension currently allocates 3.9 percent to real estate. Its recent fund commitments have been heavily focused in North America, with strategies ranging between opportunity and value added.
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