Champaign, IL – The State Universities Retirement System (SURS) Board of Trustees on Sept. 8 voted to commit $75 million to Brookfield Strategic Real Estate (BSREP) Fund V, of Toronto, Canada, subject to successful contract negotiations.

BSREP currently administers $97.6 million in SURS assets.

SURS currently has a $2.6 billion real assets portfolio. In other business, the FY 2024 Investment Plan was presented to the board and has been posted to the SURS website – https://surs.org/wp-content/uploads/sursinvestmentplan.pdf