San Mateo County Employees' Retirement Association, Redwood City, Calif., committed $30 million to INVESCO Real Estate's U.S. Value-Add Fund V, a news release posted on the retirement system's website shows.
The commitment is part of the $3.9 billion pension fund's $256.9 million real estate portfolio.
The commitment was approved at the board's Aug. 22 meeting.
Retirement association officials did not return calls seeking additional comment.
