Return to search

INPRS approves $75m commitment

The US public pension has backed Angelo Gordon's fourth Net Lease Realty fund.

Institution: Indiana Public Retirement System
Headquarters: Indianapolis, United States
AUM: $37.11bn
Allocation to alternatives: 18.20%
Bitesize: $50-100m

Indiana Public Retirement System has agreed to commit $75 million to AG Net Lease Realty Fund IV, a contact at the pension informed PERE. 

The $37.11 billion US public pension has a 7.0 percent target allocation to real estate that currently stands at 6.0 percent.

As illustrated below, INPRS has made one other commitment to a real estate fund with a 2019 vintage: $50 million to Rockpoint Real Estate Fund VI in July 2019.

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