Rhode Island State Investment Commission, Providence, committed $50 million to an open-end core real estate fund managed by Heitman, according to recently released minutes of the Feb. 27 board meeting.
The commitment brings the real estate allocation up to about 4.2%, according to the minutes.
The state investment commission oversees the $7.6 billion Rhode Island Employees' Retirement System, Providence.
Spokeswoman Joy Fox could not be reached for additional information by press time.
