Alameda County Employees' Retirement Association, Oakland, Calif., committed $35 million to Artemis Real Estate Partners Income & Growth Fund.
The $8.2 billion pension fund's board approved the commitment to the real estate fund at its meeting Thursday, said Agnes Ducanes, administrative specialist, in an email.
The real estate fund invests in strategic joint ventures with emerging and diverse real estate operating partners.
As of June 30, ACERA's actual allocation to real estate was 7.2%.
