Real Estate
The capital will come from the $215m allocated to the SSgA passive real return proxy. : Sacramento County Employees’ Retirement System (SCERS) is close to awarding Brookfield Asset Management a $100m (€90.9m) listed real assets mandate. The board of the $9.24bn pension fund will meet on Wednesday to discuss hiring Brookfield’s public securities group to run a customised version of its Diversified Real Assets (DRA) strategy. According to a board meeting report, SCERS and its investment consultant Verus have worked with Brookfield to create bespoke weightings to the asset classes covered by the strategy.

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