Institution: Norfolk County Retirement System
Headquarters: Canton, United States
AUM: $913.80 million
Allocation to Alternatives: 19.60%
Norfolk County Retirement System
has issued a request for proposal for real estate fund managers. The institution aims to commit up to $20 million to value-add or opportunistic funds that invest in properties across the United States.
Funds that investment in real estate overseas, core products, development products, land funds or REITs will not be considered. The submission deadline is 10 June 2020, with an undisclosed decision date.
As illustrated below, the retirement system has historically committed to funds with fund of funds and value-add strategies across North America.
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