Westfield (Mass.) Contributory Retirement System committed $6 million total to two real estate funds, confirmed Raymond Depelteau, chief investment officer, in an e-mail.
The $175 million pension fund committed $5 million to TerraCap Partners II, managed by TerraCap Management, and $1 million to Intercontinental Build Real Estate Investment Fund, managed by Intercontinental Real Estate.
An RFP was issued in August.
