The Indiana Public Retirement System (PRS) has committed $150 million to real estate funds, according to meeting materials from Oct. 31.
Abacus Multi-Family Partners VII, a program of Abacus Capital Group, received $75 million in equity for its closed-end, value-add fund which aims to raise $2 billion to invest in selected markets in the United States to acquire, develop, reposition, asset manage and dispose of multifamily properties. The Oregon State Treasury has committed $100 million to this fund. Abacus Multi-Family Partners VI, the fund’s predecessor, closed with $1.5 million in equity raised.
Hammes Income & Growth Healthcare Fund received $75 million for its open-end, core-plus real estate fund that invests in healthcare-related assets in the United States.
