Arlington County (Va.) Employees' Retirement System committed $25 million to Marcus Capital Partners Fund IV.
The $3.2 billion pension fund's board approved the commitment to the value-added real estate fund managed by Marcus Partners at its Feb. 2 meeting, said Susie Ardeshir, executive director and chief investment officer, in an email.
ACERS previously committed $25 million to Marcus Capital Partners Fund III in 2019.
As of June 30, the pension fund's actual allocation to real estate was 0.4%.
