Virginia earmarks $1 billion for 4 managers
Virginia earmarks $1 billion for 4 managers
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Virginia Retirement System, Richmond, announced commitments of $1 billion at a meeting Wednesday of its investment advisory committee.
In credit strategies, the $93.6 billion pension fund committed $400 million to
Whitehorse Liquidity Partners IV for a portfolio finance strategy.
In real assets, Virginia committed $125 million to Penwood Select Industrial Partners VI for a closed-end enhanced core fund investing in U.S. industrial properties managed by
Penwood Real Estate Investment Management, and $125 million to Harrison Street Real Estate Partners Fund VIII, a closed-end opportunistic fund investing in U.S. and Canada alternative property types, such as senior or student housing, managed by