The Ohio Public Employees Retirement System (PERS) has invested $1.7 billion for real asset funds.
IDR Investment Management’s Core Property Index Fund received $500 million. This fund is an open-end, core fund designed to track the NCREIF NFI-ODCE Index, and its design mirrors the index’s metrics with property-type weightings, regional diversification, number of properties, leverage and occupancy. The fund aims to provide accurate management solutions for investors seeking to achieve the NFI-ODCE return.
PERS committed $300 million to Invesco U.S. Income Fund, an open-end, core-plus strategy that invests in well-leased multifamily, office, retail and industrial assets located in major U.S. markets and coastal regions. A fundraising goal has not been disclosed.
BGO US Core Plus Fund, an open-end, core-plus fund, received $200 million for its strategy targeting industrial, multifamily and office/life sciences properties in the United States. A fundraising goa
