FUNDRAISING NEWS | October 10, 2024

Houston Police Invest $50M in Starwood Real Estate Debt Strategies

Tags: Pension Funds, Alternative Insights, Real Estate, Fixed Income, New Investment

The Houston Police Officers’ Pension System (HPOPS) made a $50M commitment to Starwood Real Estate Debt Strategies, according to materials from its September 10 investment board meeting.

Additionally, following a review of the fixed income portfolio, it was recommended 100% of the capital currently allocated to the BlackRock BC US Agg Fund be transferred into the BlackRock Long Duration Gov Bond Index Fund and that HPOPS liquidate its position in the Golub BDC ETF to streamline the portfolio. Lastly, the board moved to terminate the Shenkman Convertible Bond mandate.

Per Dakota data, HPOPS oversees $7.9B in assets. As of August 31, approximately 43.3% of the system’s assets were allocated to alternatives and 6.8% to fixed income.

Written By: Dakota

The Database For Cold Outreach to Reach Institutional and RIA Investors

Book A Demo

Houston Police Invest $50M in Starwood Real Estate Debt Strategies

Subscribe

Related Content

ND State Investment Board Commits $50M to Private Equity

Rhode Island State Pension Commits up to $50M to Private Equity

Wayne County ERS Commits $50M to Distressed Debt Strategies

The Database For Cold Outreach to Reach Institutional and RIA Investors

Address

Products & Services

Resources

Events

Company