Publications

Investors - JULY 2, 2020

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

Sign in Sign up for a FREE subscription

Indiana Public Retirement System backs three real estate funds

by Kali Persall

The Indiana Public Retirement System (INPRS) has disclosed $175 of real estate commitments.

INPRS committed $75 million to Abacus Multi-Family Partners V, managed by Abacus Capital Group, and $50 million each to Exeter Industrial Value Fund (EIVF) V, a value-add fund managed by Exeter Property Group, and Related Real Estate Fund III, a closed-end fund managed by Related Cos.

Abacus Multi-Family Partners V will invest in multifamily properties with specific characteristics, such as relative affordability in markets and submarkets showing favorable multifamily trends. As of February, Abacus Multi-Family Partners V had hit $541 million against its target of $790 million. The fund had already garnered support from 20 investors, including the Texas Municipal Retirement System.

In addition, Exeter Industrial Value Fund V targets logistics assets such as big-box warehouses and

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.