OPERS approves $100m commitment

The US public pension has backed a North American real estate fund.

Institution: Ohio Public Employees Retirement System
Headquarters: Columbus, United States
AUM: $98.10 billion
Allocation to alternatives: 18.50%

Ohio Public Employees Retirement System has agreed to commit $100 million to Carlyle Property Investors (open-ended), a contact at the pension informed PERE.

The $98.10 billion US public pension has a 10 percent target allocation to real estate that currently stands at 9.10 percent.

The pension fund’s recent commitments are to funds focused on the industrial, office, residential and retail sectors in the Asia-Pacific, Europe, Latin America and North America regions.

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