NMERB commits equity into two real estate funds

The $11.7 billion New Mexico Educational Retirement Board has committed a total of $70 million to two real estate funds, according to Bob Jacksha, chief investment officer for the pension fund.
The pension fund committed $40 million to Ram Realty Partners V and $30 million to Sares-Regis Multifamily Value-Add Fund III.
Ram Realty Partners IV held a $132 million final close in 2017. The fund invests…

NMERB commits equity into two real estate funds
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