Iowa pension fund commits $25m to real estate
The $2.2 billion Municipal Fire & Police Retirement System of Iowa has committed $25 million to Long Wharf Real Estate Partners V, according to recent meeting documents.
The value-added fund launched in January 2015 with a $350 million target. Long Wharf will invest in all property types across the United States.
Earlier this year, the fund received a commitment from the San Diego City Employees’ Retirement System.