Institution: Indiana Public Retirement System
Headquarters: Indianapolis, US
AUM: $38.61 billion
Allocation to alternatives: 18.6%
The 400 Capital Management fund invests in opportunities in residential real estate debt, commercial real estate debt, consumer finance and specialty finance markets.
As illustrated below, real estate makes up 6.5 percent of INPRS’ total investment portfolio. The system has historically committed between $50 million to $100 million to real estate funds.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.