San Mateo County Employees’ Retirement Association, Redwood City, Calif., committed $30 million to Invesco U.S. Value-Add Fund IV, said recently released draft meeting minutes.
The real estate fund is managed by Invesco Real Estate.
Invesco currently manages $220.2 million in core real estate for the pension fund.
Michael Coultrip, chief investment officer for the $3.3 billion pension fund, could not be reached for additional information by press time.