San Antonio Fire & Police Pension Fund committed $25 million total to two real estate funds, recently released board meeting minutes show.
The $2.7 billion pension fund committed $15 million to Exeter Industrial Value Fund IV, managed by Exeter Property Group, and $10 million to Paladin Realty Latin America Investors V, managed by Paladin Realty Partners.
The pension fund previously has invested with Exeter Property Group, according to the minutes.
Matthew O'Reilly, chief investment officer of the pension fund, could not immediately be reached for additional information.