OST announces 2024 real estate pacing

OST is set to target commitments to four to seven funds.

Institution: Oregon State Treasury
Headquarters: Salem, US
AUM: $93.8 billion
Allocation to real estate: 14.2%

The Oregon State Treasury has announced its real estate pacing plan for 2024 in a recently held meeting.

The plan would see the US public pension fund target $500 million to $1 billion in new commitments in 2024. These commitments would be spread across four to seven vehicles and between $100 million to $250 million each.

Last year Oregon made $550 million in commitments to private real estate vehicles, including a $200 million commitment to Carlyle Property Investors, an open-ended value-add fund.

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