Oklahoma Firefighters Pension & Retirement System, Oklahoma City, committed $25 million to Portfolio Advisors Real Estate Fund VI, a real estate fund of funds, said Troy Brown, director of consulting at The Bogdahn Group, investment consultant to the roughly $2.3 billion pension fund, in an e-mail.
The pension fund previously committed $60 million total to predecessor funds Portfolio Advisors Real Estate Fund III, Portfolio Advisors Real Estate Fund IV and Portfolio Advisors Real Estate Fund V.
The pension fund has a 10% real estate target.