Virginia Retirement System commits $375M to real assets funds from IPI Data Centers Fund and Pretium Single Family Rental Fund

6/24/2024

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IREI

• Subcategory: Capital Markets: Fund, Industrial: Data Centers, MF: BTR

• Tag: Investment

• Additional Filters-Subcategory: Capital Markets: Fund-Core Plus, Capital Markets: Fund-Opportunistic, Capital Markets: Fund-Value Added, MF: BTR-SFR

The Virginia Retirement System (VRS) has committed $225 million to IPI Partners Fund III and $150 million to Pretium Single Family Rental Fund VI. IPI Partners Fund III is managed by IPI Partners, a firm dedicated to building the essential infrastructure of the data economy. The fund is a closed-end commingled fund that is specifically investing in data centers around the globe.