San Antonio Fire & Police Pension Fund made two new commitments totaling $36 million.
The $3.2 billion pension fund's board approved commitments of $20 million to Exeter Industrial Value Fund V, a value-added industrial real estate fund managed by Exeter Property Group, and $16 million to real estate debt fund Bloomfield Capital Income Fund V at its Sept. 25 meeting, recently released minutes show.
The pension fund previously committed $15 million to Exeter Industrial Value Fund IV in 2016 and $15 million to Bloomfield Capital Income Fund III in 2017.
Cary Hally, chief investment officer, could not immediately provide further information.