City of San Jose Police & Fire Department Retirement Plan approved a commitment of $22 million to Tristan European Property Investors Special Opportunities 5, Investment Officer Dhinesh Ganapathiappan confirmed in an email.
The $3.56 billion public pension fund has a 8 percent target allocation to private real estate that currently stands at 7.30 percent.
Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.