Stanislaus County Employees Retirement Association has approved an allocation of 2.5 percent (approximately $54 million) to the PGIM Real Estate US Debt strategy.
The $2 billion US public pension has a 3.5 percent target allocation to real estate that currently stands at 4.2 percent.
Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.
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