In June 2018, the Employees Retirement System of Texas committed $25 million to Abacus Multi-Family Partners IV. The vehicle was launched in March 2017 with a target size of $500 million.
The $28.5 billion US public pension has an 11 percent target allocation to real estate that currently stands at 9.44 percent.
Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.
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