Cook County Annuity & Benefit Fund, Chicago, is searching for emerging private real estate managers to which it plans to commit a total of about $50 million.
The $12.3 billion pension fund has issued an RFP because it is below its real estate target and wants to increase its exposure to…
Cook County allocates $50 million to Mesirow funds
Cook County Annuity & Benefit Fund, Chicago, made two new commitments totaling $50 million to funds managed by
Mesirow Financial.
The $11.2 billion pension fund s board approved commitments of $30 million to value-added real estate fund Mesirow Real Estate Value Fund IV and $20 million to private equity fund of funds Mesirow Financial Private Equity Partnership VII at its meeting Thursday, said Fernando I. Vinzons, director of investments.
The pension fund previously committed $30 million to Mesirow Financial Real Estate Value Fund III in 2017.
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