/

|

The Virginia Retirement System (VRS) has committed $200 million to QuadCP Fund II, a vehicle of Quad Capital Partners. This commitment was effective on Nov. 1, according to meeting materials from VRS.

QuadCP Fund II is a closed-end fund focused on opportunistic real estate in the United States. This fund follows QuadCP Fund I, which previously secured $200 million from VRS in 2022. A fundraising target for QuadCP Fund II could not be determined at the time of publication.