New York State Retirement Fund commits $400m to Mach III

The New York State Common Retirement Fund (NYSCRF) has committed $400 million to NYSCRF Frontier Mach III (Mach III).

Mach III is the latest addition to the NYSCRF’s Frontier Mach Program, an emerging manager program managed by Artemis Real Estate Partners.

The NYSCRF had invested $500 million toward NYSCRF Frontier Mach II in April 2014.

As of March 31, 2023, the NYSCRF had $25.1 billion of its $248.5 billion portfolio allocated toward real estate and $7.8 billion more invested in real assets.

For more information about this commitment or other funds, please visit our IREI.Q database.