South Carolina Retirement Commits $75M to Real Estate

The South Carolina Retirement System has disclosed a $75 million investment with Equus Investment Partnership XII.

The investment to the value-add real estate fund managed by Equus Capital closed on September 30, 2022, according to meeting materials from the December 1 retirement board meeting.

As of September 30, 2022, the $36.8 billion Retirement System has an actual and target allocation to real estate of 12% and 9% respectively.

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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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South Carolina Retirement Commits $75M to Real Estate

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