Louisiana School Employees Retirement System (LSERS) has approved a commitment of up to $25 million to Pretium Residential Credit Fund II, IREI has learned.
Pretium Residential Credit Fund II, managed by Pretium Partners, is a core debt fund that opened to investors in August 2020. The closed-end fund will invest in distressed properties and mortgages in the United States.
As of October 2021, Pretium Residential Credit Fund II had raised more than $1.2 billion of equity commitments.
LSERS could not be reached to comment on its investment at the time of publication.
For more information about this fund and others, please visit our IREI.Q database.
