The Houston Firefighters’ Relief and Retirement Fund has committed $40 million to Cabot Industrial Value Fund VIII, a vehicle of Cabot Properties.
Cabot Industrial Value Fund VIII invests in industrial assets in North America and Europe through a closed-end, value-add strategy. The fund aims to raise $2.2 billion. The Teachers’ Retirement System of Louisiana committed $125 million to this fund in late 2025. Cabot Industrial Value Fund VII, its predecessor, raised approximately $1.6 billion in 2024.
The public pension fund had $5.8 billion in total assets under management, as of Sept. 30, 2025, with $522 million in total real estate assets and a 10 percent real estate allocation target.
