FUNDRAISING NEWS | April 15, 2024
The City of Fresno Retirement System approved a $9 million commitment to real estate, according to materials from the April 10th Retirement Board meeting.
$9 million was committed to Blue Vista Real Estate Partners VI co-investment.
NEPC assisted with the recommendation.
This allocation represents a continued relationship between CFRS and Blue Vista, having previously invested in their most recent flagship funds V and VI.
As of January 31, 2024, the $3.8 billion pension fund allocates approximately 10.8% to core real estate with a long term target of 9%.
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Helen Bascom is a Marketing Associate at Dakota.
