April 30, 2024
In the first quarter of 2024, institutional investors demonstrated a notable increase in their commitment to real assets, with 47 investments amassing a total of $5.64 billion. This represents significant growth compared to the first quarter of 2023, where 41 investments were made, totaling $4.7 billion.
This year's elevated interest centered on infrastructure, commodities, and natural resources, signaling a shift away from traditional assets toward those offering potential inflation protection and portfolio diversification amid global economic uncertainties.
This blog also provides a detailed list of institutional investors who have made significant commitments to real assets in the first quarter of the year. Our analysis spotlights the key players, offering a clear view of who is leading the charge in diversifying portfolios.
You can view the detailed list in Dakota Marketplace.
**We cannot guarantee these numbers are 100% complete as investments may have been made that we are unaware of.
Investor |
Amount Invested |
Number of Real Asset Investments |
|
New York State Common Retirement Fund |
$725,000,000 |
3 |
|
New Jersey Division of Investment |
$500,000,000 |
1 |
|
Maryland State Retirement & Pension System |
$400,000,000 |
3 |
|
Connecticut Retirement Plans and Trust Funds |
$325,000,000 |
2 |
|
Virginia Retirement System |
$300,000,000 |
2 |
|
Cook County Annuity and Benefit Fund |
$250,000,000 |
3 |
|
ACCESS Pool |
Undisclosed |
2 |
|
New York City Employees' Retirement System |
$162,000,000 |
1 |
|
Minnesota State Board of Investments |
$150,000,000 |
1 |
|
San Francisco Employees' Retirement System |
$140,000,000 |
2 |
|
Scottish Borders Council Pension Fund |
$100,000,000 |
1 |
|
Ireland Strategic Investment Fund |
$100,000,000 |
1 |
|
Andra AP-fonden AP2 |
$100,000,000 |
1 |
|
Vermont Pension Investment Committee |
$50,000,000 |
1 |
|
Teachers Retirement System of Louisiana |
$50,000,000 |
1 |
|
Miami Firefighters & Police Retirement Trust |
$50,000,000 |
1 |
|
Arkansas Teacher Retirement System |
$50,000,000 |
1 |
|
New Mexico State Investment Council |
$45,000,000 |
1 |
|
Seattle City Employees Retirement System |
$37,500,000 |
2 |
|
Texas Municipal Retirement System |
$31,000,000 |
1 |
|
School Employees Retirement System of Ohio (OHSERS) |
$25,000,000 |
2 |
|
Rhode Island State Pension |
$25,000,000 |
1 |
|
Pennsylvania Treasury Department |
$25,000,000v |
1 |
|
Santa Barbara County Employees' Retirement System |
$20,000,000 |
2 |
|
San Antonio Fire & Police Pension Fund |
$20,000,000 |
1 |
|
University of Alabama System Endowment |
$15,000,000 |
1 |
|
Arlington County Employees Retirement System |
$15,000,000 |
1 |
|
The Firemen's Retirement Plan of St. Louis |
$10,000,000 |
1 |
|
Plymouth County Retirement Association |
$10,000,000 |
1 |
|
Quincy Retirement System |
$8,000,000 |
2 |
|
Fairfax County Educational Employees' Supplementary Retirement System |
$2,500,000 |
1 |
For more information on these investors, start a free trial of Dakota Marketplace.
Koncheng Moua is the Director of Data Management and Strategy at Dakota.
