Monroe County Allocates $5M to Real Estate

Monroe County-Employees Retirement System has approved a $5 million investment in real estate, according to minutes from the February 12th board meeting. 

The $5 million will be allocated to TerraCap Fund VI. 

MCERS has an existing relationship with TerraCap Partners.

As of September 30, 2023, the $231 million Retirement Fund allocates 12.9% to real estate with a target of 14.5%. 

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