Searches & Hires

San Mateo County slates $30 million for value-added real estate fund

San Mateo County Employees' Retirement Association, Redwood City, Calif., committed $30 million to INVESCO (IVZ) Real Estate's U.S. Value-Add Fund V, a news release posted on the retirement system's website shows.

The commitment is part of the $3.9 billion pension fund's $256.9 million real estate portfolio.

The commitment was approved at the board's Aug. 22 meeting.

Retirement association officials did not return calls seeking additional comment.