LPNEWS
NYSCRF commits $300m to the core/core-plus Asana Partners Select Retail Fund. : New York State Common Retirement Fund (NYSCRF) has hired Asana Partners to manage its first-ever retail-focused real estate separate account. NYSCRF said it has committed $300m (€268m) to Asana Partners Select Retail Fund, which will make core and core-plus investments exclusively for the pension fund. The $213bn pension fund told IPE Real Assets that the “Asana strategy identified very specific demographic trends that capitalise on the ongoing transformation of the retail industry, spurred on by the growth of e-commerce, into more of an experiential and destination-based dynamic”.

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