ERS commits $100m to LOGOS Asia Core Plus

The US public pension has approved $100m worth of commitment to private real estate vehicle.

-

Institution: Employees Retirement System of Texas
Headquarters: Austin, US
AUM: $33.9 billion
Allocations to alternatives: 38.9%

Employees Retirement System of Texas (ERS) has made a $100 million commitment to LOGOS Asia Core Plus Logistics Venture, following its board meeting.

ERS allocates 11 percent to real assets from its investment portfolio, with the target of 15 percent. The institution’s recent fund commitment are predominately focused on funds targeting Asia-Pacific vehicles with a core-plus focus.

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