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Sign in Sign up for a FREE subscriptionSBCERA IC recommends $150m commitment to TPG Angelo Gordon fund
The San Bernardino County Employees’ Retirement Association (SBCERA) has approved a recommendation to the Board to commit $150 million to TPG Angelo Gordon – Essential Housing Fund III.
The fund is seeking $3 billion to invest in multifamily and residential opportunities in the United States.
As of Feb. 29, SBCERA had 3.84 percent ($570 million) of its $14.8 billion portfolio allocated to real estate, below its 5 percent target allocation for the asset class.
For more information about this fund and others, visit the IREI.Q database.
