New York State Common Retirement System committed $200 million to co-investment vehicle Landmark Real Estate Partners VIII-A, $50 million to Avanath Affordable Housing III and $25 million to BIG Real Estate Fund I.
The $201 billion US public pension has an 8 percent target allocation to real estate that currently stands at 6.6 percent.
Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.
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