SCRS approves $100m commitment to Crow Holdings Realty Partners IX

The US pension has backed a North American real estate vehicle.

Institution: South Carolina Retirement System
Headquarters: Columbia, United States
AUM: $30.98 billion
Allocation to real estate: 8.2%

South Carolina Retirement System has confirmed a $100 million commitment to Crow Holdings Realty Partners IX, according to minutes from the pension’s September 2020 commission meeting.

The $30.98 billion US public pension has an 8.2 percent actual and target allocation to private real estate.

As illustrated below, SCRS’s real estate fund commitments tend to focus on global equity and debt vehicles targeting value-add to opportunistic returns.

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