Tulare County ERA Commits $15M to Stockbridge Value-Add RE Fund

The Tulare County Employees’ Retirement Association (TCERA) committed $15M to Stockbridge Value Fund V, a value-add real estate strategy, according to documents from its August 18 board meeting. 

Per Dakota data, TCERA oversees $2B in assets. As of June 30, approximately 14.1% of the total portfolio is allocated to real estate. Other manager relationships within that portfolio include KSL, Cerberus, and Invesco. 

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Written By: Dakota

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