Publications

Investors - MAY 12, 2014

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

Indiana commits $215m to real estate

by Reg Clodfelter

The Indiana Public Retirement System has committed $75 million each to Value Fund II and Smart Markets Fund, both managed by Stockbridge Capital Group, and $65 million to Industrial Value Fund III, managed by Exeter Property Group.

The commitments were confirmed by Jennifer Dunlap, public information specialist with INPRS.

Stockbridge’s Smart Markets Fund is an open-end fund that launched in September 2011. The domestic fund will invest across the four main property types and will invest in core, value-added and opportunistic real estate. The fund targets assets in 15 U.S. markets that Stockbridge believes are poised to capture a large share of long-term U.S. employment growth and are home to major universities and highly educated workforces. INPRS previously committed $75 million ton the fund

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?