Pennsylvania SERS commits $25m to real estate fund

The $29 billion Pennsylvania State Employees’ Retirement System has committed $25 million to Mesirow Financial Real Estate Value Fund III, according to a statement by the pension fund.
The commitment was made within its real estate asset class to focus on multifamily residential real estate properties in the United States.
Mesirow Financial Real Estate Value Fund III is managed by Mesirow Financial, an independent financial services…

Pennsylvania SERS commits $25m to real estate fund
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