Orange County Employees Retirement System among investors mulling investment. :
Residential specialist Waterton is seeking to raise up to $1bn (€841m) for its latest US apartment fund, according to sources familiar with the matter. Orange County Employees Retirement System is one of the investors considering an investment in the fund, Waterton Residential Property Venture XIII. The pension fund, which invested in Waterton’s previous fund in 2015, will seek approval for a $100m commitment at its board meeting on 29 November, according to its meeting agenda. Orange County declined to comment further.