DakotaLogo2024
DakotaLogo2024
Book A Demo

FUNDRAISING NEWS | November 22, 2022

San Diego City Employees’ Commits $25M to Real Estate Fund

Tags: Pension Funds, Alternative Insights, Real Estate

The San Diego City Employees’ Retirement System has committed $25 million to Waterton Residential Property Venture Fund XV.

According to meeting materials from the November 3 board meeting, “Waterton is targeting a first close on December 8, 2022 and expects commitments of $1.0 to $1.2 billion at that time” for the value-added real estate fund.

SDCERS’ real estate consultant, Meketa, assisted with the recommendation.

The $25 million commitment will bring SDCERS’ current non-core real estate exposure to approximately 28%. SDCERS’ targets 30% of their real estate exposure to non-core funds.

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!

New call-to-action

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

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

logo-1

The Database For Cold Outreach to Reach Institutional and RIA Investors

Book A Demo

Address

925 West Lancaster Ave
Suite 220
Bryn Mawr, PA 19010
Tel: (610) 642-1481 

Products & Services

Resources

Events

Company

© Dakota 2025 | Terms of Use | Privacy Policy