The School Employees Retirement System (SERS) of Ohio has committed $125 million to real estate funds, including vehicles managed by TA Realty and Blackstone.
TA Realty Residential Real Estate Fund received $50 million for its open-end, core-plus strategy that is focused on investing in multifamily properties in the United States. The Illinois Municipal Retirement Fund committed $50 million to this fund in 2025.
Blackstone’s Strategic Partners Real Estate IX received $75 million for its closed-end, value-added strategy. It is a secondaries fund investing in real estate in the United States. A fundraising goal has not been determined. Its predecessor, Blackstone Strategic Partners VIII, closed with $2.6 billion in equity in 2023.
The Ohio SERS, a public pension fund, h