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Real Estate funds are as of 06/30/2025, with the ... diversified real estate portfolio that reflects U.S. commercial real estate performance,.

The State of Arkansas 2025 Annual Comprehensive Financial Report ... diversified real estate portfolios that can generate strong cash…

NCRS Quarterly Update 3rd Quarter 2025 ... Net of Fee Performance* (expressed in percentages) Market Value ($000) 3M CAL YTD 1 Yr 3 Yr 5 Yr 10 Yr 15 Yr 20 Yr ... Non-Core Real Estate Benchmark ... Core Real Estate Benchmark ... 6,477,160 1.8 1.5 ... 3 ... 1 2.4 ... .0) (2.9) ... Asset Allocation ... 70.0% 60.0% 50.0% 40.0% 30.0% 20.0% 10.0% 0.0% Growth Rates & Liquidity Inflation Sensitive & Multi-Strategy Diversifiers ... *Returns over 1 year are annualized Note: Data as of September 30

Real Estate Deep Dive – Staff Mengfei Cao and Jason Malinowski reintroduced the Real Estate asset class, discussed the market environment, reviewed SCERS’s Real Estate allocation and activity, reviewed the globalizing real estate project and recommended a commitment to Hines European Property Partners Fund. SCERS’s allocation to Real Estate is currently 10% as of March 31, 2025. The allocation is modestly below the target weight of 12%. Allocation has declined recently due to negative real…

For FY 2023, SDCERA's portfolio investment performance ... San Diego County Employees Retirement Association's (SDCERA's) investment program…

38.3 ... 18x ... 74% ... 6 Lone Star Real ... Fund V $277.9 $90.1 $44.8 $30.9 0.84x -7.23% 2016 DivcoWest Fund V $2 ... 0.0 $226.6 $73.0 $155.5 1.01x 0.23% 2017 JP Morgan Strategic Property Fund $300.0 $261.7 $46.4 $273.7 1.22x 3.36% 2017 ASB Allegiance Real Estate Fund $150.0 $151.9 $8.4 $157.8 1.09x 1.54% 2018 Morgan Stanley Prime Property Fund $250.0 $255.3 $63.9 $286.0 1.37x 6.27% 2018 Harrison Street Core Property Fund, LP $150.0 $157.4 $29.5 $182.3 1.35x 6.66% 2018 Heitman America Real…

We have reviewed the Independent Auditor's Report of the Ohio Police & Fire Pension, Franklin County, prepared by Crowe LLP, for the…

Annual Report – Fall 2025 ... Hanover Crossing Apartments, Hanover, MA – The Hanover Company $500,000 invested, $1,088,190 returned – ... 3.2 years, 28% IRR, 2.2 EM ... ➢ Introduction and fund description ➢ Current Portfolio summary statistics ➢ Line-item investment listing: Current and Completed Investments ➢ Current semester investments under consideration – Fall 2025 ... Introduction The McCombs student real estate private equity fund is a $10 million investment fund managed by…

P a g e ... P a g e ... Guggenheim ... 6/30/2023 ... 30/2023 ... Prudential ... 6/30/2 ... 6/30/2

MassMutual Mr. Vavrica introduced MassMutual as a new manager and stated that the presentation books will reflect Invesco which is the sub-advisor. Mr. Zummy Bauer and Mr. Eric McQuillin explained how their investments are undertaken. Portfolio Market Value as of September 30, 2025 - $12,138,471. Sunrise Police Retirement Plan - Minutes November 10, 2025 Page 2 MassMutual Small Cap Opp returned 4.68% vs the benchmark return of 12.39%. The inception1 rate of return was valued at 12.89%, which…

Folder Quarterly Reports 2025 ... | Select | Toggle | Title | Date | | --- | --- | --- | --- | | Select an item | pdf Q1 2025 MERF Quarterly Report ( pdf, 1.91 MB ) | 03 Jun 2025 | | Select an item | pdf Q2 2025 MERF Quarterly Report ( pdf, 1.95 MB ) | 22 Dec 2025 | | Select an item | pdf Q3 2025 MERF Quarterly Report ( pdf, 1.97 MB ) | 22 Dec 2025

Itis my pleasuretopresenttheTeacherRetirementSystemofTexas' (TRS)PopularAnnualFinancialReport(PAFR) for fiscal year 2025, the System’s 88 th year of operation. The PAFR summarizes our Annual Comprehensive Financial Report (ACFR), providing financial highlights ofthe past year for those wishing to learn more about TRS ... developments. The2025ACFRcanbeviewedinthePublicationsSectionoftheTRSwebsite:trs.texas.gov. ... 2025 ... $22 ... activeemployeecont ... . Investments For the twelve-month…

Program Inception 2003 HL Relationship Inception 2007 Client Mandate Real Estate/Natural Resources Plan Size $16,765,588,969 Target Allocation RE: 8.0% / NR: 5.0% Current Allocation RE: 10.6% / NR: 8.4% PME Benchmark NCREIF Property Index/ CPI-U + 4% Client Reporting Currency USD ... | In $ millions | 4Q23 | 1Q24 | Change | | --- | --- | --- | --- | | Active Investments | 80 | 81 | 1 | | Exited Investments | 13 | 13 | - | | Active GPs | 32 | 32 | - | | Commitment | $4,862.9 | $4,910.2 | $47.3

Moore introduced the topic and the assets held by JP Morgan Strategic Property Fund (SPF) and Special Situations Property Fund (SSPF) within the Defined Benefit (DB) portfolio. Nugent reviewed this relationship's history and described recent qualitative issues within the JP Morgan investment team. The departures of senior portfolio managers, Kim Adams and Steve Zaun, have raised significant questions. In addition, Ann Cole, who previously stepped away from her portfolio management…

For the Years Ended June 30, 2025 and ... 024 ... To the Board of Trustees of New York City Board of Education Retirement System Opinion We have audited the combining financial statements of New York City Board of Education Retirement System Qualified Pension Plan and the New York City Board of Education Retirement System Tax-Deferred Annuity Program, which collectively comprise the New York City Board of Education Retirement System (the “System”), which comprise the combining statements…

The IMRF Private Real Assets portfolio recorded a 0.11% return for the quarter and fell short of the 0.92% benchmark return. As of March 31

11, 2026 San Francisco Employees’ Retirement System 1145 Market Street, 5th Floor San Francisco, CA 94103 To our members, retirees, and other interested parties, We are pleased to present the 2025 Annual Report of the San Francisco Employees’ Retirement System, covering the fiscal year from July 1, 2024, to June 30, 2025. This report provides insights into the financial results and investment performance of our Defined Benefit Plan, as well as a review of the Deferred Compensation Plan. In 2025

Real Estate 17.8% Real Estate 1.0% ... Real Estate 18.8% ... Fiscal Years (ending on June 30) 2025 ... (ending on June ... 30) 2025 ... Real Estate $32.4 B -3.8% 10.2% 11.6% 11.6% 10.8%

Equity valuations remain lower in emerging and developed markets, but risks remain, including China’s economic uncertainty and ongoing weakness in the real estate sector.

REITs Market Value 2013B Tax Exempt Education (AY3Z) $204,382 $204,382 2016A - 2012 Transportation Bond Act (AY3Y) $739,583 $739,583 2016B - 2012 Transportation Bond Act (AY3Q) $33,748,349 $33,748,349 Alaska Higher Education Investment (AY3L) $1,365,503 $124,891,419 $91,892,592 $79,756,028 $15,321,142 $313,226,685 Alaska Mental Health Trust Reserve (AY2L) $551,003 $22,488,119 $36,803,856 $17,420,318 $77,263,295 ASLC Investment Fund (AY3S) $1,951,692 $33,372,815 $85,330,189 $20,960,840 $4,291,305

largest diversified property portfolios in the market. In January 2025, Partner Funds to pool £2.6bn of assets into a customisable index when it launches…

The CBRE Index recorded an All-Property Total Return of 2.1% throughout Q1 2025. This. All-Property rental values maintained steady…

CalPERS today reported a preliminary net return of 9.3% on its investments for the 12-month period ending June 30, 2024.

The company – which oversees TPT Retirement Solutions' £9.3bn investment portfolio – has allocated approximately £500m to the newly launched Real Assets Fund.

11 7 - 15 Emerging Market Equity $765,198,056 6 5 2 - 8 Intermediate Government Bonds $965,531,960 7 7 3 - 11 Long-Term Government Bonds $410,172,625 3 3 0 - 10 Short-Term TIPS $665,645,520 5 5 0 - 10 Foreign Bonds $278,209,535 2 2 0 - 4 Emerging Market Bonds $284,900,302 2 2 0 - 4 High Yield Bonds $426,378,461 3 2 0 - 4 Bank Loans $425,491,220 3 2 0 - 4 Private Equity $1,392,426,535 10 13 6 - 20 Private Debt $493,451,126 4 7 2 - 12 Real Estate $1,106,271,854 8 8 6 - 10 Natural Resources $360,68

$82 million in unclaimed property was returned to 44,065 rightful owners. Several improvements were made to streamline the return of funds…

Experience from July 1, 2023 through June 30, 2024 (FY 2024) With respect to investment experience, measured on a market value of assets (MVA) basis, MainePERS experienced an investment return of positive 7.43% for the fiscal year ending June 30, 2024. This is more than the assumed rate of return of 6.50%. However, given the three year asset smoothing method in place, only one-third of that gain is recognized in this valuation ... on an actuarial value of assets (AVA) basis. Furthermore, the…

Investing in Leicestershire Programme – 2025/26 Q1 Update Forecast Net Income FY Since Inception IRR 4 Opening Capital Value 1 ... In year forecast net income return % 3 ... Q1 25/26/25 Capital valuation 2 Change in valuation Capital Incurred (returned) 2025/26 ... | | Development | | | | | | 42,133 | | | 2,005 | -2,005 | | 42,133 | | | -106 | | | -178 | | | | -178 | | | 0 | -0.4% | | | | | ... | | Rural | | | | | | 95,888 | | | | 0 | 0 | 95,888 | | | | 5 | | | 201 | | | | 201 | | 0 | | 0.2%

Educational Employees’ Supplementary Retirement System of Fairfax County (ERFC) ... The FY 2024 ending balance for the Educational Employees’ Retirement System of Fairfax County (ERFC) Fund is $3.2 billion, a $102.0 million decrease from the FY 2024 Revised Budget. FY 2024 combined receipts total $351.4 million, a $108.0 million decrease from the FY 2024 Revised Budget due to lower investment returns of $173.4 million. Employee and employer contributions total $178.1 million, a $0.2 million…

Aviva 7.50 5.60 Real Estate Long Income ... 10.00 6.31 Infrastructure Net return of 8% per annum ... Real Estate Long Income 6% ... | | | | | | 6% | | | | | | | | ... --- | --- | ... | | | | | Property | | | Infrastructure | Pooled UK Equity Unit | | | | | ... | | | | | ... | | | | | ... Pooled UK Equity Unit Trusts Pooled Overseas Equity Unit Trusts Pooled Low Carbon Equity Fund Pooled Global Equity Pooled Emerging Markets Equity Fund Pooled Index Linked Gilts Buy & Maintain Bonds Multi-Asset C

Portfolio and Manager Review ... Asset Allocation - Watertown Retirement System As of June 30, 2020 ... | | Total Fixed Income Asset Allocation Wellington Opportunistic Investment Allocation PineBridge Global Dynamic Asset Allocation Total Asset Allocation Domestic Equity PRIT Domestic Equity Columbia U.S. Contrarian Core Equity Private Fund Lee Munder Mid Cap Core Collective Fund Wellington Small Cap 2000 Portfolio Total Domestic Equity International Equity EARNEST Partners International…

’s Discussion and Analysis of ... ) provides an ... , ... Investment asset allocation for 2024 and 2023 was 30% of assets invested in domestic equity, 26% in international equity, 12% in real estate, 7% in infrastructure, 10% in private equity, and 15% in fixed income. During 2024 and 2023, the Plan’s investment asset allocation stayed within its target asset allocation ranges. Investment Returns (Calendar Year Gross of Fees Performance Basis) Years Ended December 31, 2024, 2023, and 2022 2024 2

DATE: NOVEMBER 20, 2025 ITEM: D.5 FROM: JOSEPH SALAZAR, GENERAL MANAGER SUBJECT: CHIEF INVESTMENT OFFICER’S QUARTERLY REPORT OF INVESTMENT ACTIVITY AND POSSIBLE BOARD ACTION RECOMMENDATION That the Board approve the actual asset allocation of the Fund and Staff’s plans for bringing asset classes currently outside of their target allocation ranges back within their allocation ranges. ... As shown in the table above and in Attachment I, Domestic Large Cap Equity, Small Cap Equity, International…

I am pleased to present this report on the Police Board’s operations during 2025. As you will see in the following pages, the Police Board continued to further the values of impartiality and transparency in Chicago’s police-accountability system. Before turning to sections on the Board’s work in a variety of areas, I want to highlight the following noteworthy developments from the past year. ... Vice President of Real Estate, ... The Chicago TREND Corporation ... 25, ... Police Board charges…

As required by ss. 13.94 (1) (df) and 25.17 (51), Wis. Stats., we have completed an audit of the financial statements of the Core Retirement Investment Trust Fund (Core Fund) and the Variable Retirement Investment Trust Fund (Variable Fund) administered by the State of Wisconsin Investment Board (SWIB) as of and for the year ended December 31, 2025. SWIB invests the assets of the Wisconsin Retirement System through the Core Fund and Variable Fund, and together these funds are known as the…

SWOLF HSAC RAEY-01  The table below displays the since-inception performance of active (non-liquidated) ... managed by diverse-owned and diverse led investment management firms in ... PA SERS real estate ... Data as of June 30, 2024. NEPC ... diverse-owned” as a ... ’s at ... 50% ... by an under-represented ... ” as a ... ’s 33% to 50% owned by an under-represented group. The ... listed on this page are ... which NEPC has identified as ... -owned or diverse-led as of June 30, 2024. Therefore, i

Since the enactment of the Oklahoma State Government Asset Reduction and Cost Savings Program in 2011, the Office of Management and Enterprise Services has published an annual report of all property owned or leased by the State of Oklahoma. All agencies, boards, commissions ... and public trusts with the state as a beneficiary (ABCs) are surveyed annually to capture changes, corrections and additional data on all property owned or ... by the State of Oklahoma ... This report captures…

With respect to investment experience, measured on a market value of assets (MVA) basis, MainePERS experienced an investment return of positive 7.43% for the fiscal year ending June 30, 2024. This is more than the assumed rate of return assumption of 6.50%. However, given the three-year asset smoothing method in place, only one-third of that gain is recognized in this valuation on an actuarial value of assets (AVA) basis. Furthermore for this Program, asset smoothing also resulted in…

Teachers' Retirement System of Oklahoma IC Materials Fourth Quarter 2025 ... Fourth Quarter 2025 Y ... Total Fund Total Plan Asset Summary ... Net Additions / Withdrawals Investment Earnings 12/31/2025 Market Value ... 5 Market Value ... Target Allocation (%) Total Fund 26,494 100.0 100.0 Total U.S. Equities Composite 9,664 36.5 32.4 Total International Equities Composite 4,607 17.4 14.1 Total Fixed Income Composite 7,541 28.5 25.0 Total Real Estate Composite 1,841 6.9 8.0 Total Infrastructure C

It is pleasing to see that 75% of the assets have now been pooled. Although no new sub funds were launched in 2024/25, further funds were invested in the pool and we are excited to see the launch of the Real Estate Investment programme, due in 2025/26, which will see the percentage increase further. The Real Estate programme will conclude the current Private Markets offerings and during 2025/26, the WPP will host the first WPP Private Markets manager day in Cardiff. Equity and Fixed Income…

10 ... 16 ... 18 ... 1 13 ... 84 1 ... 7.14 14.93 7. ... 10 ... 28 10.13 7.92Developed Markets Equity 10,848,946 3.71 3.81 22.18 13.17 17.60 10.00 7.15 MSCI EAFE Index (Net) 4.26 5.06 22.79 13.87 17.04 10.15 6.33Emerging Markets Equity 4,666,816 3.49 11.59 21.12 18.85 10.78 2.86 3.98 MSCI Emerging Markets Index (Gross) 1.47 9.87 19.63 17.66 11.39 5.69 5.19Total Fixed Income 16,364,079 1.23 2.66 5.12 3.83 4.57 1.01 3.05Taxable Investment Grade 15,202,398 1.25 2.64 5.06 3.52 3.25 -.40 BBARC…