NC Retirement System Commits $266M to Real Estate, Private Equity

The North Carolina Retirement Systems (NCRS) has approved three commitments to real estate and private equity totalling $266 million.

$141 million was allocated to NorthRock IV, a core real estate fund. This is an additional investment having previously invested in the Fund.

Also in real estate, $75 million was allocated to RXR NC Development Partners, a non-core strategy.

Lastly, a commitment of $50 million was made to HG Titan 2A Co-Invest, a private equity strategy.

As of March 31, 2024, NCRS is valued at $121.7 billion in assets under management, allocating 5.1% to core real estate, 1.66% to non-core real estate, and 5.03% to private equity. Both allocations fall within the acceptable policy ranges.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!

Written By: Jane Bailey, Marketing Associate

Jane Bailey is a Marketing Associate at Dakota.

The Database For Cold Outreach to Reach Institutional and RIA Investors

Book A Demo

NC Retirement System Commits $266M to Real Estate, Private Equity

Subscribe

Related Content

Saudi Firm Jadwa Raises $266M at First Close of Blind-pool PE Fund

Texas TRS Commits $261M in PE, Real Estate Funds

Texas County Retirement Commits $265M to Private Equity

The Database For Cold Outreach to Reach Institutional and RIA Investors

Address

Products & Services

Resources

Events

Company