Hawaii Employees’ Retirement System, Honolulu, committed $30 million to LaSalle Income & Growth Fund VII, said Vijoy Chattergy, chief investment officer, in an e-mail according to Pensions & Investments. 

 

The value-added real estate fund is managed by LaSalle Investment Management. The pension fund previously committed $50 million to LaSalle Income & growth Fund V.

 

The $14.4 billion pension fund has a 7% target allocation to real estate.