Institution: Seattle City Employees Retirement System
Headquarters: Seattle, United States
Allocation to alternatives: 20.0%
Seattle City Employees Retirement System announced a commitment of $17.5 million to Sculptor Real Estate Fund IV, a contact at the pension informed PERE.
The $3.14 billion US public pension has a 12.0 percent target allocation to private real estate that currently stands at 10.3 percent.
As illustrated below, SCERS’ previous four real estate commitments have pursued opportunity and debt investment strategies.
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