San Joaquin ERA Commits $40M to Real Estate

Tags: Pension Funds, Alternative Insights, Real Estate

The San Joaquin County Employees’ Retirement Association has disclosed a $40 million commitment to Berkeley Partners Value Industrial Fund VI.

The value-add real estate fund targets light industrial properties in infill markets across the United States.

The $4 billion Retirement Association currently allocates 1.5% to value-add real estate and has previously committed to Fund V.

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: Koncheng Moua, Director of Data Management and Strategy

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

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