Institution: Seattle City Employees Retirement System
Headquarters: Seattle, United States
Allocation to alternatives: 18.20%
The Seattle City Employees Retirement System announced a commitment of $15 million to AG Asia Realty Fund IV. The fund focuses on opportunity strategy in Asia.
As illustrated in the charts below, the $2.9 billion US public pension has a 12 percent target allocation to private real estate that stands at 10.6 percent.
Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.