The New York State Common Retirement Fund (NYSCRF) has committed $810 million to four real estate vehicles in August, according to recently released meeting materials.
Bell Growth and Income Fund, a vehicle of Bell Partners, received $300 million for its core-plus, closed-end program that invests in market-rate, conventional multifamily properties across the United States. It aims to raise $1.4 billion in equity.
Kayne Anderson Real Estate Partners VII received $250 million for its opportunistic, closed-end real estate strategy that invests in senior housing, medical office and student housing. The fund aims to raise $4 billion in equity.
Jadian Real Estate Fund II received $150 million for its closed-end opportunity strategy that invests in niche property types, including industrial outdoor storage, manufactured home sites and commercial self-storage. A co-investment of $100 million was also made to Jadian Real Estate Fund II Co-Investment, a sidecar to the mai
