The New York State Teachers' Retirement System, Albany, has made a $150 million commitment to the Cabot Industrial Value Fund VI, managed by Cabot Properties Inc.
"We liked Fund VI because Cabot has a long history of proven performance investing in the industrial sector and has demonstrated the ability to realize positive risk adjusted returns over multiple market cycles," John Cardillo, a spokesman for the $126.6 billion pension system, wrote in an email.
"We previously committed a total of $600 million to seven other Cabot funds," he said.
