Institution: City of San Jose Police & Fire Department Retirement Plan
Headquarters: San Jose, United States
AUM: $3.59bn
Allocation to alternatives: 22.06%
Bitesize: $50-100m
City of San Jose Police & Fire Department Retirement Plan committed $109 million to BlackRock US Core Property Fund and $76 million to Lion Properties Fund (managed by Clarion Partners). Both funds target diversified core investments in real estate throughout North America.
The $3.59 billion US public pension has a 3 percent target allocation to real estate that currently stands at 2.42 percent.
As illustrated in the charts below, the San Jose pension allocates 22.06 percent to alternative assets, with a focus on real estate funds across diversified strategies, sectors and regions.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.
If you do not receive this within five minutes, please try to sign in again. If the problem persists, please email: 
