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Pennsylvania State Employees Commits $300M To Net-lease Real Estate | News | Ipe Ra

by realassets.ipe.com posted 10months ago 39 views
Pension fund invests with Oak Street as it seeks to increase exposure. : Pennsylvania State Employees’ Retirement System (SERS) is seeking to boost its exposure to net-lease real estate strategies. The pension fund told IPE Real Assets that it had made a $300m (€264m) commitment to Oak Street Real Estate Capital Net Lease Property Fund, which itself will invest in a series of net-lease strategies. It is one of the largest commitments ever made by a US public pension fund to a net-lease real estate strategy, according to industry sources.

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