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DCRB confirms a €70m commitment

The $11.3bn public pension fund has approved a €70m commitment to Aermont Capital Real Estate Fund V.

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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