Document library

Staff memo and IPC report proposing a $100 million investment in Hillwood US Industrial Club VII, LP, targeting 14-16% net returns. The fund builds a diversified portfolio of institutional-quality US industrial real estate through acquisitions and ground-up development with equity checks of $5-35 million per investment. $1.25 billion target fund size. Hamilton Lane served as RE consultant. Presented at SIC October 29, 2025 regular meeting.

FY2025 ACFR investment section listing MOSERS private real estate managers (CBRE US Core Partners, Harrison Street Core Property Fund, LaSalle Property Fund, Oaktree Real Estate Income Fund, TA Realty Core Property Fund, Stockbridge Core & Value) and Blackstone Real Estate Partners series, with performance and fee data.

Oaktree Capital Management is launching its latest commercial real estate debt fund, seeking to raise capital at a time in which ample liquidity is needed.

Tristan Capital Partners (“Tristan”) is a real estate investment management boutique, headquartered in London. Regarded as one of the leaders in the European marketplace, our track record includes a 22-year European investment history that spans twelve funds and encompasses both value-added / opportunistic and core-plus strategies. ... ”. Curzon Capital Partners 5 Long-Life (“CCP 5”), European Property Investors Special Opportunities 6 SCSP ... (“EPISO 6”), Tristan Income Plus Strategy One…

Official board approvals document (published October 22, 2025) confirming authorization to commit up to $200M to TA Realty Value-Add Fund XIV, L.P. and up to $250M to Energy Capital Partners VI among other private markets funds.

NEPC biennial asset/liability review presented at the October 21-22, 2025 SWIB Board workshop. Covers WRS risk/return framework, capital market assumptions for all asset classes including real estate (Core 5.4%, Value-Add 6.5%, Opportunistic 7.6%), private markets pacing, and recommended policy allocation changes (-2% public equity, -2% policy leverage).

GP presentation for TA Realty Value-Add Fund XIV, targeting $2B to acquire industrial and multifamily assets with smaller allocations to data centers, retail, and office in U.S. markets. 45% loan-to-value target. Minnesota SBI committed up to $200M, approved October 21, 2025.

Board approval page for the October 21, 2025 SBI meeting confirming authorization for TA Realty Value-Add Fund XIV ($200M) and Energy Capital Partners VI ($250M) among eight PE, one private credit, one real estate, and one real assets fund.

PSERS Investment Committee pre-deliberation meeting October 16, 2025 covering Real Estate: Graceada Fund IV, L.P. and Private Equity: Oak HC/FT Partners VI. Formal action at October 23, 2025 full meeting.

Principal Real Estate ... Part 2A ... 801 Grand Ave Des Moines, IA 50309 Phone

Kayne Anderson Capital Advisors, L.P. 717 Texas Avenue, 22 nd Floor Houston, TX 77002 www.kayneanderson.com March 26, 2025 This brochure on Form ADV (the “Brochure”) provides information about the qualifications and business practices of Kayne Anderson Capital Advisors, L.P. (“Kayne”). If you have any questions about the contents of the Brochure, please contact Michael O’Neil, Chief Compliance Officer, at (310) 282-7905 and/or moneil@kaynecapital.com. The information in the Brochure has not…

SCERS staff memo on private markets co-investments education item from October 15, 2025 board meeting. Covers co-investment framework, program design, and strategic considerations for co-investment programs in private equity and real estate.

Craig Theirl Co-Portfolio Manager ... Steve Zaun Co-Portfolio Manager jpmorganfunds.com ... *GRESB ratings are not reliable indicators of current and/or future results or performance of the underlying assets. 4 The Commingled Pension Trust Fund (Special Situation Property) of JPMorgan Chase Bank N.A. is a collective trust fund established and maintained by JPMorgan Chase Bank, N.A. under a declaration of trust. The Fund is not required to file a prospectus or registration statement with the…

Unless otherwise stated, data as of March 31, 2025. Past performance is not a guarantee or reliable indicator of future results.

NEPC quarterly real estate performance review for PA SERS as of March 31, 2025. Presented at September 30, 2025 Investment Committee meeting alongside the Blue Owl Real Estate Fund VII LP presentation.

ICM packet for October 1 2025 reporting on two investments made under delegated authority: Artemis Real Estate Partners Healthcare Fund III (up to $35M real estate value-add, by Callan and Staff) and Ares Secondaries Infrastructure Solutions III ($45M real assets, by NEPC and Staff). The packet also contains the updated ACERA ESG Investment Policy and EIM Policy as action items.

Annual performance and fee report for NCRS non-core real estate portfolio as of June 30, 2025, listing all fund commitments, IRRs, and multiples including Blackstone BREP series, TPG RE IV, Northpond Retail Partners, NorthRock funds, RXR NC, Prime Storage NC, LaSalle RE Debt, Harrison Street, Crow Holdings, and others.

NEPC consultant recommendation memo for PA SERS commitment of up to $100M to Blue Owl Real Estate Fund VII LP. NEPC highlights the fund's triple-net lease (NNN) strategy, 100% investment-grade tenants at acquisition, 15+ years of consecutive distributions across prior funds, and $30B+ in total transactions since inception.

PA SERS Investment Office staff recommendation memo for up to $100M commitment to Blue Owl Real Estate Fund VII LP. Fund categorized in Real Estate / Value-Add/Opportunistic sub-asset class. Follow-on investment with existing manager. As of March 31, 2025, V/A/O sub-strategy was 45.7% of total RE portfolio.

TMRS Completed Investments Report as of Q3 2025, showing real assets year-to-date commitments including BlackChamber RE Opportunity Fund II ($100M), NorthPoint Industrial Fund VII ($150M), ERA Infra Fund II ($100M), and ERA Blade Continuation Fund ($130M).

Third quarter 2025 performance review by Callan including private real estate returns and manager-level attribution; portfolio $60.2B.

By means of the enclosed Investment Summaries, Arkansas Teacher Retirement System (ATRS) is submitting nine investments for review by the Arkansas Legislative Council (ALC) as required under ACA §19-11-1302 et seq., otherwise referred to as Act ... 1211 of 2009 ... The ATRS Board (Board) recently approved an investment of up to $10 million to be made in Xtremis, Inc., a company focused on electromagnetic spectrum technologies. This investment was recommended by Arkansas Capital Corporation,…

Prime Property Fund Morgan Stanley Real Estate Investing February 13, 2020 ... Prime Property Fund • One of the longest-term core open-end funds – in its 47th year of operation Notes Past performance is not indicative of future results. See the Performance Notes for important information about performance returns. 1. Based on gross returns as of September 30, 2019. Please see page 11 for PRIME’s before and after fee performance compared to the ... FI-ODCE. ... real estate assets for…

Staff recommended a $20M commitment to ACORE Opportunistic Credit II, a US real estate debt strategy classified under Credit Fixed Income; NEPC concurred with top FPL rating.

Northern Trust private markets report as of December 31 2024 (full-year 2024 data) presented at the August 26 2025 board meeting. Covers StanCERA real estate program: Morgan Stanley Prime Property Fund, PGIM Real Estate US Debt Fund, American Strategic Value Realty Fund, Greenfield Acquisition Partners VII, Grandview Property Partners I & II, TA Realty Value Fund XIII, Brookfield BSREP V. Bundled in September 23 2025 board book.

Staff commitment notice for $10 million commitment to Graceada Partners Fund IV (private real estate). Graceada Partners is a California-based real estate manager. Committed August 2025, approved at the August 26 2025 Board meeting. Capital called from NT STIF Fund. Reported in the September 23 2025 board book which includes the August 26 2025 meeting minutes.

NEPC quarterly private real assets report presented at the September 23 2025 StanCERA Board meeting. Covers performance of real estate portfolio including Morgan Stanley Prime Property Fund, PGIM US Debt, American Strategic Value Realty, Greenfield VII, Grandview I & II, TA Realty XIII, Brookfield BSREP V, and newly committed Graceada Partners Fund IV. Bundled in September 23 2025 board book.

Semi-Annual Report May 31, 2025 ... Item 7: Financial Statements and Financial Highlights for Open-End Management Investment Companies (Semi-Annual Report) 3 Fidelity® Real Estate High Income Fund 19 Notes to Financial Statements ... This report and the financial statements contained herein are submitted for the general information of the shareholders of the Fund. This report is not authorized for distribution to prospective investors in the Fund unless preceded or…

FEG quarterly investment update (Q2 FY2025) covering LTIP real estate sub-class performance; real estate +5.3% for the year and +4.9% over ten years.

FY2025 annual investment report for the LTIP ($1.18B); includes fee summary showing Heitman America Real Estate Trust, PRISA LP, Farallon Real Estate III & IV, and SRE Opportunity Fund IV holdings.

Aon Q2 2025 quarterly performance review: real estate primary detractor from relative performance; NCREIF ODCE 1.5% QTD; TRS real estate allocation 3.9% vs 5.0% interim policy target.

iance Real Estate Fund ... RETURNS ENDING 12/31/2024 ... Net Asset Value $6.1 Billion ... Dear Clients and Friends, MARKET COMMENTARY ... Fourth Quarter 2024 ... In the fourth quarter, Allegiance Fund performance continued to stabilize and slowly improve. The Fund’s increasingly solid income returns offset any write-downs, which were most pronounced among office assets. The Fund ... has been ... ped by reducing exposure to ... For the fourth quarter of 2024, the Allegiance Fund generated a total

For Institutional Use ... for Public Distribution For Institutional Use Only – Not for Public Distribution Update on Partners Group July 2025 ... 1Overview - Partners Group ... 1 Overview - Partners Group 2Investments 2 Investments 3Clients 3 Clients 4Financials as of 2024 4 Financials as of 2024 5Capital Markets Day 2025 ... 5 Capital Markets Day 2025 ... Partners Group is one of the largest firms in the private markets industry ... $118bn in bespoke solutions 2 $174bn assets under…

Townsend Group Q2 2025 real estate performance report. Portfolio 6.4% vs 8% target. Top performers: NREP Nordic Strategies Fund II (+14.3% USD), Prologis European Logistics Fund (+9.5%), NREP III (+10.7%), NREP IV (+9.3%). Bottom: LaSalle China Logistics Venture (-16.3%), Asana Partners Fund II (-5.1%), Carlyle China Project Rome (-4.8%). No new commitments Q2 2025.

Cliffwater quarterly performance review for SCERS alternative assets for Q2 2025. Real Assets portfolio continues to generate strong infrastructure-led returns.

StepStone real estate Q1 2025 quarterly report; Q1 2025 commitment: Brookfield SREP V-B ($115M); Q2 2025 subsequent: BIG Real Estate Fund III ($85M, Non-Core) and Vistria Housing Fund ($0M, Core, US).

D.B. Fitzpatrick monthly update on Idaho Commercial Mortgage Program for August 2025. Interest to deploy capital in Idaho commercial RE accelerating. Short-term macroeconomic uncertainty from tariffs tempering activity. Portfolio: no delinquencies, no REO. DBF Idaho Mortgages: 2.8% trailing year return.

Meketa Investment Group infrastructure trust level review for CalPERS for the period ended June 30, 2025 (Item 5b Attachment 8, September 15 2025). Semi-annual report covering portfolio performance, policy parameters, and market commentary.

CalPERS Investment Committee agenda staff memo for Item 5b, September 15 2025. Annual Trust Level Review Consultant Report. Meketa RE Trust Level Review (June 30 2025) is Attachment 7; Meketa Infrastructure is Attachment 8. Includes Wilshire annual Trust Level Review and universe comparison.

Meketa Investment Group real estate trust level review for CalPERS for the period ended June 30, 2025 (Item 5b Attachment 7, September 15 2025). Semi-annual report covering portfolio performance, sector allocation, leverage, and market commentary. 15 pages.

Seaport Lane ... 0221

ACRE FY2025 annual report covering UW's commercial real estate portfolio; key topics include Fairmont Olympic Hotel lease extension, Metropolitan Tract strategy, 5th Avenue Theater lease assignment, and UW Tacoma housing development.