Fund Universe Library

Fourth Quarter Report 2024 ... Portfolio Update ... Program Inception 2003 HL Relationship Inception 2007 Client Mandate Real Estate/Natural Resources Plan Size $17,660,113,311 Target Allocation RE: 8.0% / NR: 5.0% Current Allocation RE: 9.3% / NR: 8.1% PME Benchmark NCREIF Property Index/ CPI-U + 4% Client Reporting Currency USD ... | In $ millions | 4Q23 | 4Q24 | Change | | --- | --- | --- | --- | | Active Investments | 80 | 86 | 6 | | Exited Investments | 13 | 13 | - | | Active GPs | 32

Inception-to-date IRR for Real Estate is 8.0% as of 6/30/2023. The Inception-to-Date IRR for Private Equity is 16.6% as of 6/30/2023. *Denotes a performance

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0 $2 ... 3 NGP ... Oregon Public Employees Retirement Fund ... Real Assets Portfolio As of June 30, 2023 ($ in millions) ... Oregon Public Employees Retirement Fund ... Real Assets Portfolio As of June 30, 2023 ($ in millions) ... 2021 NGP Royalty Partners Co-Investment Side Car $50.0 $29.5 $25.9 $25.9 1.76x n.m. n.m. 2020 NGP Royalty Partners $150.0 $145.7 $109.0 $124.1 1.60x n.m. n.m. 2022 NGP Royalty Partners Fund II $150.0 $26.4 $0.0 $25.1 0.95x n.m. n.m. 2022 NGP Royalty Partn

DATE: May 17, 2023 TO: Members of the Board of Retirement FROM: Tracy Bowman, Director of Finance SUBJECT: FIRST QUARTER UNAUDITED FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED MARCH 31, 2023 Written Report Background/Discussion The attached financial statements reflect the unaudited financial activity for the three months ended March 31, 2023. These statements are unaudited and are not the official financial statements of OCERS. The following statements represent a review of the progress to d

Ms. Murphy reported that the OCERS portfolio is up 11.3% year to date as of the end of the second week of November, well above the 7% actuarial

Section: ... 87 ... Investment Portfolio Summary ... 96 ... Investment Portfolios ... Manager ... 97 ... Investment Portfolio Allocation ... 103 Comparative Investment Returns: Public Equity ... 104 Private Equity ... 104 Absolute Return ... 105 Real Asset ... 105 Table of Contents ... We are pleased to submit the Annual Comprehensive Financial Report for the Maryland State Retirement and Pension System for the fiscal year ended June 30, 2023. We believe this report fairly presents the operating

INVESTMENTS A. CHIEF INVESTMENT OFFICER VERBAL REPORT – Rod June, Chief Investment Officer, reported on the portfolio value of $24.94 billion as of June 9, 2025; and Volatility Index at 17.1. Rod June discussed the following items: • GLOBAL ISSUES: a. Valuations for exposures to China stood at $319 million and Israel at $166 million, an increase by approximately 10% and 16% respectively over the past 30 days. b. Ukraine has decreased to $7.3 million, approximately 15% decline over the same time

57 Fund Performance vs. Benchmarks and Fair Values ... 57 Performance Summary ... 59 Portfolio Securities Summary ... 60 Securities Holdings (Historical) ... 66 Real ... 70 Absolute Return ... 71 Real Estate ... 73 Securities Lending ... The TRS investment portfolio returned 18.1 percent, gross of fees, for the fiscal year ended June 30, 2014. Total investment assets increased approximately $5.8 billion during the year. The TRS trust fund is invested under the authority of the Illinois Pension C

Investments Investments are made under the authority of the prudent expert rule, which ... that fiduciaries must discharge their duties with the care, skill, prudence, and diligence that a prudent person acting in a like capacity and familiar with such matters would use under conditions prevailing at the time ... to invest in different types of asset classes seeking to increase return while lowering risk through diversification. The System retains professional investment firms who serve as fiduc

Net new investments coupled with positive investment returns resulted in net appreciation of $291.7 million for the equity real estate

On behalf of our Board and staff, I am pleased to present you with this Popular Annual Financial Report (PAFR) of the New York State Teachers’ Retirement System (NYSTRS) for the fiscal year ended June 30, 2020. This document summarizes the System’s financial position for the 2020 fiscal year. For additional details, see our Comprehensive Annual Financial Report (CAFR) at NYSTRS.org. The System is governed by a 10-member Board of Trustees, representing various stakeholders. Trustees are responsib

| | | Total Predicted Risk by Asset Class | | | | Total Predicted Risk and Peer Comparison | ... | Portfolio Name | | Market Value (Millions $) | %CR to Total Weight (%) Risk | Total Plan Risk | Cont. | Total Predicted Risk | ... | Total Portfolio | | $ 137,787 | 100% 100% | 14.04 | | 14.04 | ... | | Domestic Equity International Equity Private Equity Real Estate Equity Global Equity Private Debt Real Estate Debt High Yield Bonds Global Bonds Cash Equivalents Domestic Fixed Income | $ 45,881 21

REPORTS ... B. Fiscal Year Ending 2025 Audit Plan Status Report ... If the Roadmap is approved, the initiatives will be more thoroughly developed and planned out over the three years, and this year’s actions will be incorporated into Internal Audit’s Annual Audit Plan. We will provide quarterly updates in our Audit Plan Status Update presentation. ... Request for Proposal - Financial ... Internal Audit recommends ... proposed minimum qualifications ... and search criteria for a Financial Audit

Investment Review – Estimated CYTD Returns 4 ... Estimated CYTD Performance: Absolute Performance Remains Negative Though Diversification Has Helped Mitigate Downside ... Through December 31, 2022. CYTD returns include estimates for the month of December, based on prior month ‐end values that have been audited and adjusted by SFERS' Custody Bank since the last report. For non ‐daily priced public fund vehicles, returns may include estimates or be proxied using benchmarks. For private equity, pri

VRS manages more than $117.91 billion in defined benefit plan. Private Real Estate Benchmark (25%), Custom Benchmark (8%)

The San Diego City Employees' Retirement System (“SDCERS”) private real estate portfolio had a net asset value (“NAV”) of $1,127.3 million; equal to 10.1% of

2 and ... 3, resulting ... property tax roll growth of 20% and ... 5%, respectively, for ... combined increase of ... Florida Real Estate Market ...  In Spring 2020, sales of existing homes outpaced new listings, driving inventory from a healthy 3-5 months of sales volume to just about one month by March 2021 and remaining there until Spring 2022 ...  Consequently, Median sales prices for existing homes accelerated sharply, causing the average price to soar by 53% from $275,000 in May 2020

Surplus Funds Trust Fund (Trust Fund or Fund) is a pooled investment fund created in 1977 by Section 218.405, Florida Statutes, and administered by the State Board of Administration (SBA). F.S. § 218.403(9). Chapter 218, Florida Statutes, (§ 218.01 through § 218.80) governs “Financial Matter Pertaining to Political Subdivision.” The establishment and administration of the Fund is provided for by Part IV of Chapter 218, Florida Statutes, titled “Investment of Local Government Surplus Funds.” This

The SBA manages assets of more than 25 investment mandates and trusts. Real Estate Strategic Investments $ 87.1B $ 31.8B $ 20.3B $ 20.1B Private Equity $ 18.4B

July 1, 2023. During the fiscal year, the fund's assets increased by approximately $4.0 billion, representing a 18.7% increase fund attracted 39 new

Mr. Trotsky discussed the December 2023 PRIT Fund performance in more detail, referencing the following performance charts: ... Total PRIT Fund Returns Annualized Returns as of December 31, 2023 (Gross of Fees) Source: BNY Mellon. Total Core Benchmark includes private equity benchmark. PRIT Asset Class Performance Summary One Year ended December 31, 2023 (Gross of Fees) Source: BNY Mellon. Totals may not add due to rounding. *Benchmark is actual performance. ... PRIT Fund Annualized Ret

Performance Review and Market Summary Real Estate Mr. Schlitzer summarized Real Estate performance. The portfolio’s net asset value ended the quarter at $10.1 billion, equating to 9.6% of the PRIT fund. Total Real Estate returned -6.2% for the one-year period, resulting in benchmark outperformance of approximately 453 basis points. The private portfolio returned -7.2%, outperforming the benchmark by 479 basis points. PRIM’s REIT portfolio outperformed the benchmark by 46 basis points, provi

During Fiscal Year. 2025, the Division closed on $1.1 billion to four Real Estate fund investments. The Real Estate portfolio is diversified

We believe the current Annual. Comprehensive Financial Report for December 31,. 2024 continues to meet the Certificate of Achievement. Program's

REAL ESTATE/REAL ASSETS The NCREIF Property Index rose 0.6% dur ing 3Q22. The NCREIF Open-End Diversified Core Equity Index rose 0.5%. The FTSE EPRA Nareit Developed Asia Index (USD) fell 9.4%. The FTSE EPRA Nareit Developed Europe Index (USD) plunged 21.7%. ... 5 S& ... 00 - ... 15.5 9.2 11.7 7.4 Russell 2000 -2.2 -23.5 3.6 8.6 6.7 Global ex-U.S. Equity MSCI EAFE -9.4 -25.1 -0.8 3.7 3.5 MSCI ACWI ex USA -9.9 -25.2 -0.8 3.0 --MSCI Emerging Markets -11.6 -28.1 -1.8 1.0 --MSCI ACWI ex USA Small Ca

REAL ESTATE ANNUAL BOARD UPDATE PERIOD ENDED DECEMBER 31, 2020 Presented June 8, 2021 PENNSYLVANIA SERS ... Presentation: 1. Real Estate Semi-Annual Performance Report ... Real Estate Portfolio Construction Update 10 ... 1. REAL ESTATE SEMI-ANNUAL PERFORMANCE REPORT AS OF DECEMBER 31, 2020 ... Portfolio Performance YTD 1 Year 3 Year 5 Year 10 Year Inception Total Pennsylvania State Employees Retirement System 4.2% 4.2% 3.0% 3.1% 7.6% 7.1% ... NFI-ODCE Index 1 0.3% 0.3% 4.0% 5.3% 8.9% N/A C|A Non

REAL ESTATE/REAL ASSETS Both the NCREIF Property Index and the ODCE dropped, although income returns were positive. REITs trailed equities both in the U.S. and globally. In the U.S., stronger equity returns hurt, while rate concerns led to underperformance in Europe. Asian REITs outperformed. ... .0 1 ... 0 7.8 ... 5.2 1 ... .4 Global ex-U.S. Equity ... EAFE 5.8 15.3 7.3 4.8 4.6 MSCI ACWI ex USA 4. ... 13.3 6.0 4.3 --MSCI Emerging Markets 2.4 8.2 ... .2 2.9 --MSCI ACWI ex USA Small Cap 2.1 12.8

0.9 ... 3.13 5.66 ... 7.58 ... Real Estate 20.15% ... 15.2 ... 14.84% ... PA SERS Defined Benefit Plan Performance Review ... Actual Asset Allocation versus Target as of December 31, 2024 ... Real Estate 7% ... 2% ... Real Estate 6% ... .0% (2.5%) ... Fixed Income 7,004,918 18.1% 19.0% (0.9%) (344,904) Inflation Protection 948,914 2.5% 3.0% (0.5%) (211,585) Real Estate 2,219,645 5.7% 7.0% (1.3%) (488,185) ... Assets: U.S. Equity ... Int’l Developed Markets Equity ... Emerging Markets Equ

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Mr. Archuleta reviewed the highlights of the work done by REDW. Later, he will schedule a meeting with the ad hoc committee to come forward with specific

REDW's recommendations and how they compare to salaries at the SIC and PERA. Building update: The building is 99.9% compete. In April, the

Q4 report ... New Mexico ... Retirement Board Infrastructure ... The following report presents a summary of the portfolio composition and returns for the infrastructure investment portfolio (“Portfolio”) of the New Mexico Educational Retirement Board (“NMERB”). The Portfolio was established in July 2008. All data presented below are as of December 31, 2024. ... TOTAL PORTFOLIO ... 212 ... 613 ... Portfolio Cash Flows and ... | Q3 | – 24 | | 686.2 ... | 6.2 | ... 14 ... | Q4 | – 24

December 2021 Quarterly Performance Report ... Approved a $75 million commitment to TPG Real Estate Partners Fund IV for the Real Estate portfolio

New Mexico Educational Retirement Board September 30, 2017 Quarterly Investment Report ... Program Inception: 2003 HL ... Inception: 200 ... Real Assets Strategies: Real Estate Natural Resources Plan Size (as of 9/30/2017): $12.58 billion Target / Current Allocation: Real Estate – 7.0% / 7.2% Natural Resources – 4.5% / 3.8% Real Estate Benchmark: NCREIF Property Index Natural Resources Benchmark: Consumer Price Index + 4% (CPI-U) ... Performance Summary ... Total Portfolio Performan

HIGHLIGHTS ThefairvalueoftheFundendedtheyearat$17.5billion,ascomparedtotheJune30,2023netpositionof $16.3billion,withthenetpositionincreasingby$1,236million. TheFund’sinvestmentsreturned8.64%netof fees,rankingNMERBinthetop75 thpercentileofitspeers. Theresultsforthe5-,10-,and20-yearperformance ... trustfundo ... . This Management’s Discussion and Analysis (MD&A) section provides ... section should be read in ... LetterofTrans ... includedintheIntroductorySectioninthis ... FinancialSectionofthisrep

Total Real Estate Portfolio $304,831,244 1.38% Performance(%) 1 Quarter Year To Date 1 Year 3 Years 5 Years 10 Years Since 12,091,288 … to-date IRR for Real

The Inception-to-Date IRR for Real Estate is 6.8% as of 3/31/2023. Portfolio $50,000,000 -1.31% 1.50% Real Estate Portfolio Investment. Total Real Estate

Nebraska Investment Council |Third Quarter 2023 ... Real Estate NAREIT U.S ... Equity REITS -7 ... -2.1 ... 2.99 ... 5.7 ... Nebraska Investment Council ... Total Assets by Asset Pool Total Defined Benefit Plan $15,579,816,270 Total Cash Balance Benefit $2,758,832,718 Deferred Compensation $246,638,471 Defined Contribution $887,087,016 OSERS $1,479,714,627 Hartford Options - General Account $2,276,677 College Savings Plan $5,490,850,689 State Farm College Savings Plan $634,278,993 Enable Sa

Real Assets ... P. 28 Real Assets Performance Update ... Real Assets ... Real Assets Asset Class Overview ... ▪ Global real estate fundraising remains depressed due to heightened interest rates, which continued to limit transaction volumes and resulted in muted distribution activity for investors. This constrained their ability to make new contributions and extended fundraise timelines. ... Real Estate Fundraising ($B) Raised of Funds ... Fundraising $ Raised of Funds

Real Assets Performance Report – Q4 2025 ... P. 5 Portfolio Exposures ... P. 8 Real Assets Performance Update ... 25 REAL ESTATE ... Performance at a Glance ...  The NCREIF Open End Diversified Core (“ODCE”) and NCREIF Property Index (“NPI”) reported Q4 2025 gross returns of 0.9% and 1.2%, respectively. 1,2  NPI Transaction volumes during Q4 2025 were meaningfully up quarter-over quarter with a total of 275 property transactions (51% increase), driven by the industrial sec

2008 Alinda Infrastructure Fund II $70.4 $95.4 $104.0 $0.0 1.09x -1.7% 8.3% 2008 Alliance Bernstein All Asset Deep Value Fund $200.0 $79.8 $86.6 $0.0 1.09x 16.7% 96.8% 2008 Apollo Credit Opportunity Fund II $250.0 $337.7 $470.1 $0.0 1.39x 10.8% 13.4% 2022 Arctos Sports Partners Fund II $150.0 $70.5 $2.7 $78.2 1.15x n.m. n.m. 2020 Arctos Sports Partners I $150.0 $134.2 $9.5 $205.4 1.60x 24.2% 20.8% 2007 BlackRock Credit Investors $200.0 $200.0 $191.6 $0.0 0.96x 0.7% -1.1% 2008 BlackRock Credit In

Oregon Public Employees Retirement Fund ... Real Assets Portfolio As of March 31, 2023 ($ in millions) ... Oregon Public Employees Retirement Fund ... Real Assets Portfolio As of March 31, 2023 ($ in millions) ... 2020 NGP Royalty Partners $150.0 $124.3 $101.1 $103.8 1.65x n.m. n.m. 2021 NGP Royalty Partners Co-Investment Side Car $50.0 $29.5 $23.4 $29.9 1.81x n.m. n.m. 2022 NGP Royalty Partners Fund II $150.0 $5.5 $0.0 $4.7 0.85x n.m. n.m. 2022 NGP Royalty Partners II Co-Investmen