San Jose Police and Fire commits €19m to European real estate fund
The San Jose Police and Fire Retirement System has committed €19 million ($22 million) to European Property Investors Special Opportunities 5, according to Prabhu Palani, CFA, and CIO for the pension fund.
European Property Investors Special Opportunities 5 is managed by Tristan Capital Partners, an independent real estate investment management boutique headquartered in London. European Property Investors Special Opportunities 5 is a newer fund seeking to raise €1.5 billion ($1.75 billion). It will primarily invest in European office, logistics, retail and residential properties.
Board meeting documents from the Texas Municipal Retirement System noted, “Tristan will continue the same strategy deployed in the previous vintages, seeking to acquire assets that have clear, correctable deficiencies impacting value that they believe can be quickly fixed and r