To read this full article you need to be subscribed to Newsline.
Sign in Sign up for a FREE subscriptionNYSTRS backs Cabot Industrial Value Fund VI
The New York State Teachers Retirement System (NYSTRS) has approved a $150 million commitment to Cabot Industrial Value Fund VI, managed by Cabot Properties, a spokesperson for the pension fund confirmed in an email.
NYSTRS previously committed $600 million to seven other Cabot funds.
Cabot Industrial Value Fund VI is targeting $800 million to invest in industrial assets and portfolios in North America and the United Kingdom. The value-add investment vehicle was launched in July 2019.
Investors in the fund include the San Francisco Employees’ Retirement System, State Universities Retirement System of Illinois, the Teachers’ Retirement System of Louisiana and the Pennsylvania Public School Employees’ Retirement System.
As of Dec. 31, 2019
