North Carolina Retirement Allocates $300M to Real Estate Fund

November 11, 2022

Written By:
Koncheng Moua, Research Data Analyst

The North Carolina Retirement System has disclosed a $300 million commitment to Prime Storage NC. 

The real estate fund is managed by Prime Group Holdings. 

As of September 30, 2022, The $106 billion Retirement System allocates 2.36% to non-core real estate, with a policy target allocation of 3%.

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Tags: Pension Funds, Alternatives, Real Estate

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