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Ohio Police & Fire commits $75m to Fairfield multi-family fund
Investors - JUNE 21, 2024

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Ohio Police & Fire commits $75m to Fairfield multi-family fund

by Lewis Dayton

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.

 

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