San Mateo County Employees' Retirement Association, Redwood City, Calif., committed $30 million to Harrison Street Core Property Fund, managed by Harrison Street Real Estate Capital, said an announcement on the $4.3 billion pension fund's website.
The pension board made the commitment at its meeting Tuesday as part of its real estate portfolio.
The plan had a target allocation of 8% to real estate as of March 31.
Michael Coultrip, chief investment officer, could not be immediately reached to provide further information.