The $192 billion New York State Common Retirement Fund has committed $300 million to Prologis Targeted U.S. Logistics Fund, according to board meeting documents on the website of State Comptroller Thomas DiNapoli.
Prologis Targeted U.S. Logistics Fund is an open-end real estate fund that acquires, operates, and sells high-quality logistics facilities in target markets across the United States critical to global trade.
The fund previously received $100 million commitments from the $30 billion Texas Permanent School Fund and the $25 billion Ohio Bureau of Workers’ Compensation.
New York State Commons invests with real estate opportunity funds, affordable housing, mortgages and joint ventures with a property-specific mandate. Significant activity includes new commitments to general partners, investment
