Arizona Public Safety Personnel Retirement System, Phoenix, committed $100 million to ORG AZ Opportunity Fund II.
The $12.7 billion pension fund's commitment to the customized real estate fund managed by ORG Portfolio Management closed Feb. 26, said Christian Palmer, pension fund spokesman, in an email.
PSPRS committed a total of $150 million to the first fund, ORG AZ Secondary Opportunity Fund, Mr. Palmer said.
The commitment falls within the pension fund's capital appreciation asset class, which had an actual allocation of 0.8% as of Dec. 31.
