Quincy Contributory Retirement goes with Rockwood for value-added real estate

Quincy (Mass.) Contributory Retirement System committed $10 million to Rockwood Capital Real Estate Partners Fund X, a value-added real estate fund, confirmed Edward J. Masterson, executive director of the $290 million defined benefit plan, in an email.

The fund will invest in office, residential, retail and hotel properties in urban and suburban core mixed-use projects in the U.S.

An RFP was issued in September. Meketa Investment Group, investment consultant for the plan, assisted with the search.