Macomb County Employees’ Retirement System, Mount Clemens, Mich., committed $10 million to Mavik Real Estate Special Opportunities VS2.
The $1.3 billion pension fund’s board approved the commitment to the opportunistic real estate fund managed by Mavik Capital Management at its Dec. 5 meeting, recently released meeting minutes showed.
The pension fund previously committed $10 million to Mavik Real Estate Special Opportunities Fund in 2022.
Investment consultant Mariner Institutional (formerly AndCo Consulting) assisted.
