The San Mateo County (Calif.) Employees Retirement Association (SamCERA) has committed $35 million to RCG Ventures Fund VIII.
RCG Ventures Fund VIII, a vehicle of RCG Ventures, is a closed-end, value-added fund that targets shopping centers in the United States. The fund has a fundraising goal of $650 million.
SamCERA, a public pension fund, had $6.9 billion in total assets under management, as of March 31, 2025. As of then, it had $476.1 million in total real estate assets with a 9 percent real estate allocation target.
For more information about this fund and others, visit the IRE.IQ database.