The Teachers’ Retirement System (TRS) of Louisiana has greenlighted a $75 million commitment to FCP Realty Fund VI, a closed-end, value-add fund managed by FCP.
FCP Realty Fund VI is targeting multifamily assets with a secondary focus on commercial properties such as office, life sciences and mixed-use. Launched in June, the vehicle has a $1.65 billion fundraising target.
Louisiana TRS invested in the fund’s predecessors, FCP Realty Fund V and FCP Realty Fund IV.
To learn more about these funds or others, visit the IREI.Q database.
