The Virginia Retirement System (VRS) has committed $50 million to Realterm Logistics Income Fund (RLIF).
Managed by Realterm, RLIF is an open-ended fund that invests in core-plus transportation-related industrial properties in North America.
Founded in 1991, Realterm is an investment manager focused on transport logistics real estate and infrastructure.
VRS currently has 13.5 percent ($14.2 billion) of its $105.5 billion portfolio allocated toward real assets, slightly below its 14 percent target for the asset class.
For more information about this fund and others, visit the IREI.Q database.