IREI’s FundTracker captured 16 real estate commitments in the past month. The largest was a $450 million affordable housing separate account managed by RBC Global Asset Management on behalf of the New York City Employees Retirement System.
Investor
Sponsor
Vehicle
Strategy
Structure
Commitment ($m)
Allianz Real Estate GmbH
Hines
Hines European Value Fund
Value-added
Closed-end
€100
California State Teachers’ Retirement System