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Sign in Sign up for a FREE subscriptionCTPF approves real estate plan, allocates $50m
The Chicago Public School Teachers’ Pension & Retirement Fund (CTPF) approved a real estate pacing study last Thursday, allocating up to $50 million to real estate for the 2019–2020 fiscal year, said Tracey Schroeder, CTPF director of communications.
The actual allocation for the real estate asset class is 6.9 percent, or $727.2 million, as of March 31, with a target allocation of 9 percent.
