Maryland State Retirement and Pension System (SRPS) has issued a $100m (€82.1m) commitment to the Morgan Stanley North Haven G 10 fund, according to the pension fund’s meeting document.
According to sources, the opportunistic global real estate fund raised $2.15bn at its first closed in August last year.
It is currently unknown how much capital the fund intends to raise in total. The predecessor fund raised $2.73bn in December 2017.
The fund will be investing in a diverse group of property types.
The fund’s manager Morgan Stanley Real Estate Investments declined a request for comment.
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