U.S. NYSCRF commits $1.9 bln towards real estate and PE assets

New York State Common Retirement Fund (NYSCRF), a pension fund managed by New York State Comptroller, has committed an aggregate $1.9 billion in capital investments towards real estate and private equity (PE) assets.

The deal is typically an ongoing relationship between the two investors including Vista Equity Partners Perennial, a private equity firm, which received $500 million in capital commitments from NYSCRF.

Brookfield Strategic Real Estate Partners III, a diversified global opportunistic fund, also got  $400 million in capital commitments as well as CVC Capital Partners raised $114 million in a co-investment strategy with the fund.

Further, NYSCRF resumed its exposure via the real estate asset class with $150 million committed to Niam Nordic VII, a fund that focuses on acquiring commercial real estate in specific Nordic countries.