Institution: Maryland State Retirement and Pension System
Headquarters: Baltimore, US
AUM: $53.76 billion
Allocation to alternatives: 26.60%
Maryland State Retirement and Pension System approved $150 million-worth of real estate commitments at its June investment committee meeting, a contact at the pension informed PERE.
The real estate allocation is part of the $53.76 billion public pension’s real assets portfolio.
As illustrated below, Maryland tends to focus its real estate commitments on North American vehicles seeking core to core-plus returns.
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