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SURS Increases Real Assets Investment

April 29, 2019 - 09:24
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Champaign, IL - The State Universities Retirement System (SURS) Board of Trustees on April 18 voted to commit $75 million to the Westbrook Real Estate Fund XI and up to $40 million to Long Wharf Real Estate Partners Fund VI, both commitments are contingent on successful contract negotiations.

These investments are consistent with the real assets strategy objectives for 2019.

In other business, the board

  • Approved the graduation of Ramirez Asset Management from the Progress Portfolio to a direct SURS relationship.
  • Approved revisions to the defined benefit plan Investment Policy.

SURS Increases Real Assets Investment