FUNDRAISING NEWS | February 17, 2023
The Louisiana School Employees’ Retirement System has disclosed a $25 million commitment to Pennybacker VI.
The value-add real estate fund investment was approved at the February 6 board meeting.
As of September 30, 2022, the $2 billion Retirement System has an actual and target allocation to real estate of 4.4% and 12% respectively.
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Koncheng Moua is the Director of Data Management and Strategy at Dakota.
