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FUNDRAISING NEWS | August 19, 2022

LACERS Commits $75 Million to Value-Added Real Estate

Tags: Pension Funds

The Los Angeles City Employees’ Retirement System has disclosed a $75 million commitment to EQT Exeter Industrial Value Fund VI.

EQT is targeting a $4 billion fund size for Fund VI. Fund VI aims to target domestic industrial properties.

As of May 31, 2022, the $21 billion Retirement System has a target and actual allocation to real assets of 12% and 12.43% respectively.

Written By: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.

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