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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Oklahoma Firefighters commits $50 million to real estate fund
Mesirow Financial Real Estate Value Fund IV, a value-added fund.
The board of the Oklahoma firefighters $3.2 billion pension fund approved the commitment at a meeting Friday, according to Troy Brown, executive director at AndCo Consulting, the pension fund s investment consultant.
The pension fund previously committed $25 million to Mesirow Financial Real Estate Value Fund II in 2014, Mr. Brown said.
The pension fund s actual and target allocations to real estate are 9.2% and 10%, respectively.
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