Chicago Public School Teachers' Pension and Retirement Fund committed $30 million to Long Wharf Real Estate Partners Fund VII.
The $11.9 billion pension fund's board approved the commitment to the value-added real estate fund managed by Long Wharf Capital at its Sept. 21 meeting, said Michelle Holleman, spokeswoman.
The pension fund previously committed $35 million to Long Wharf Real Estate Partners VI in 2018.
As of June 30, the actual allocation to real estate was 11.3%; the target is 9%
