Arkansas Public Staff Retirement System (APERS) has authorized $85m (€73.4m) every into core-plus open-ended actual property funds managed by Carlyle, Principal and Clarion Companions.
The pension fund disclosed in a gathering doc that it has dedicated the capital to the Carlyle Property Traders, Principal Enhanced Property Fund and Clarion Lion Industrial Belief funds.
The Carlyle fund, which targets pupil/senior housing, life science, medical workplace and self-storage belongings, has a internet asset worth of $10.5bn.
The Enhanced Property Fund primarily targets workplace, industrial, flats and retail.
The Lion Industrial Belief, a $26bn fund, acquires or develops industrial belongings within the US.
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