Publications

Investors - MAY 30, 2014

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

NYSCRF commits $500m to Artemis

by Andrea Waitrovich

The $160.7 billion New York State Common Retirement Fund has made a $500 million commitment to expand its emerging manager separate account with Artemis Real Estate Partners.

The separate account started with a $300 million allocation in the fall of 2011. The additional investment to the program brings the total allocation to $800 million.  

The expanded separate account is seeking core-plus returns by making equity and debt investments of $10 million to $30 million in office, retail, industrial, multifamily, hospitality, healthcare and other property types in primary and select secondary markets across the United States. The separate account invests via a series of programmatic joint ventures with emerging managers. Emerging managers are defined as firms in business for 12 years or less, having less than $1 billion of equity under ma

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy