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PSERS commits $100m

The US public pension fund continues to explore European realty opportunities.

Pennsylvania Public School Employees' Retirement System (PSERS) revealed in its Board meeting documents that it approves $100 million to AG Europe Realty Fund II.

As at March 2017, PSERS allocated 11.5 percent of assets to real estate investments.

Platinum subscribers may click here for PSERS’s full profile, including key contacts, allocation strategy and fund investments.