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SURS Board Selects Private Equity Emerging Manager Fund of Funds Provider, Commits to Real Estate Fund

June 24, 2013 - 09:29
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The State Universities Retirement System (SURS) Board of Trustees, on June 14, approved Fairview Capital as a Private Equity Emerging Manager Fund of Funds Provider, allocating $75 million to the mandate over a multi-year period.

The Board also voted to award $100 million to Dune Real Estate Fund III, managed by Dune Capital Management. This commitment furthers the System’s buildout of the direct real estate program.

In other business, trustees authorized an actuarial services provider search, which will begin in September 2013 and is expected to conclude in December 2013.

SURS Board Selects Private Equity Emerging Manager Fund of Funds Provider, Commits to Real Estate Fund