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NYSCRF approves $300m commitment

The US public pension has backed an Asia-focused fund.

New York State Common Retirement System committed $300 million to Blackstone Real Estate Partners Asia II.

The $200 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.