Document library

Board of Retirement informational staff report (File 25-271.1) reporting $75M intended commitment to Kayne Anderson RE Partners VII (medical office, student housing, senior housing, light industrial) against $145M 2025 pacing plan; notes intent to propose European RE debt fund later in 2025.

Harrison Street Capital full GP presentation to VPIC for Real Estate Partners X, LP. The 71B AUM firm (Colliers 75% owned) exclusively focused on alternative real assets since 2005. Fund X targets $2B/$3B hard cap at 13-15% net IRR, continuing strategy of student housing, senior housing, healthcare delivery, life sciences, data centers and storage across North America and Europe.

RVK tear sheet for Harrison Street Real Estate Partners X, LP summarizing terms ($2B target/$3B hard cap, 13-15% net IRR target), track record across Funds I-IX, and strategy focused on demographic-driven needs-based alternative real estate (student housing, senior housing, healthcare, data centers, storage). First close targeted June/July 2025.

Audited IFRS financial statements for BCI's QuadReal Real Estate Debt pooled fund, covering $3.2B+ in mortgage and real estate debt investments, for fiscal year ended December 31, 2024.

Audited IFRS financial statements for BCI's QuadReal Real Estate Debt pooled fund covering mortgage and real estate debt investments for fiscal year ended December 31, 2023.

CTPF investment staff cover memo for the September 11, 2025 First Look meeting featuring non-MWDBE real estate manager presentations (Greystar, Nuveen, Coastal Ridge).

Q2 2025 performance report. Key manager news: Harrison Street – Colliers International rebranded its investment division as Harrison Street Asset Management (HSAM) in July 2025, Christopher Merrill becomes Global CEO; no change to Core Property Fund team. LaSalle – Deputy PM Alfreda Delle taking leave, Patrick Pelling named new PM for LaSalle Property Fund (LPF). Full RE portfolio: JP Morgan (2.24% target, $90M), Morgan Stanley (2.42%, $147M), LaSalle (2.06%, $109M), Prologis USLF (non-core, 1.17%), Harrison Street Core Property Fund (0.81%, $82.5M). Real Estate at 8.7% target.

Callan consultant report covering the CMERS Core/Core Plus Private Real Estate manager search. Documents search process, candidate profile, semi-finalist screening of 19 managers, and finalist comparison between Harrison Street Core Property Fund and Kayne Anderson KACORE. Includes comparative performance, fee analysis, and summary matrix. Search conducted September 2022–April 2023.

TPG Angelo Gordon full GP presentation to VPIC for Realty Value Fund XII, the firm's value-add real estate flagship (12th in series, AUM ~$99B total / ~$20B real estate). Strategy targets middle-market US real estate under $150M cap with ~100 local operating partners, focusing 60% on residential/industrial and ~25-30% alternatives (self-storage, student, senior, MOB). Committed $50M approved at March 2026 meeting.

RVK tear sheet for TPG AG Realty Value Fund XII, value-add real estate strategy. $3B/$4B target fund size. TPG Angelo Gordon ($99B AUM, ~20% in real estate) targeting middle-market US assets under $150M total cap across residential, industrial, and alternatives. 12-14% net IRR target. First close March 2026.

ERSRI staff recommendation memo approving up to $20M commitment to Greystar Equity Partners XI, a value-add closed-end multifamily fund targeting Class A and B properties broadly diversified across U.S. gateway and growth markets. Meeting date March 22, 2023.

Greystar Real Estate Partners manager presentation for ERSRI on Greystar Equity Partners XI, a value-add multifamily fund targeting 70-75 institutional Class A/B properties across U.S. gateway and growth markets.

The October 23, 2024 OIC meeting minutes document an OST Investment Committee approval (July 24, 2024) of a commitment to Harrison Street European Core Fund SCSP SICAV-RAIF from OPERF. Amount listed as $150M USD in the committee report. Disclosed in the Committee Reports section.

Aon Hewitt recommends up to $50M in KAREP VII, a closed-end opportunistic fund targeting specialized real estate sectors; target net IRR 15–18%.