The Hawaii Employees’ Retirement System (ERS) committed up to $50 million, pending final negotiations, at Monday’s board meeting to Kayne Anderson Real Estate Partners V, Chief Investment Officer Vijoy Chattergy confirmed in an email.
The $15.6 billion US public pension has a 7 percent target allocation to private real estate that currently stands at 5.5 percent.
Kayne Anderson’s fifth flagship vehicle, which has a target size of $1.2 billion, plans to invest in a variety of specialized real estate sectors in North America, with a particular focus on student housing.
Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: 
