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Sign in Sign up for a FREE subscriptionOhio SERS greenlights $15m commitment to CBRE storage fund
The School Employees Retirement System (SERS) of Ohio has approved a $15 million commitment to CBRE Storage Etc. co-investment, a real estate core strategy within the real assets portfolio.
The investment will be funded from cash reserves.
A fundraising target for the storage fund could not be determined at the time of publication.
As of March 31, Ohio SERS’ global real assets portfolio was valued at $3.6 billion. The pension fund has a 20.9 percent actual allocation to real assets against a 17 percent target.
