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FUNDRAISING NEWS | December 11, 2024
Tags: Pension Funds, Real Estate, New Investment
The Dallas-Fort Worth Airport Board Retirement Plan is allocating $10M to the tenth iteration of PCCP’s flagship real estate debt strategy, according to pension materials related to its December 5 board meeting.
The commitment is the Texas system’s second this year in real estate, after it earlier made an investment of the same size in Sabal Strategic Opportunities Fund II, as reported by Dakota on September 9. PCCP Credit X follows an eight-year term and is expected to diversify the pension’s real estate allocation.
Per Dakota data, the DFW Airport pension holds $1B in total plan assets.
Written By: Dakota
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