The Ohio Police & Fire Pension Fund (OP&F) has committed $75 million to Fairfield Value-Add Multi-Family Fund IV.
The Fund is a value-add fund that focuses on multi-family opportunities in the United States.
The commitment represents OP&F’s third real estate commitment of 2024, totaling $225 million.
OP&F has a target to make between $225 million and $275 million of commitments toward real estate investments in 2024.
OP&F’s real estate portfolio makes up 10.1 percent ($1.83 billion) of its total portfolio, below its 12 percent target for the asset class.
For more information about this commitment or other funds, please visit our IREI.Q database.
