New York Common allocates $400m to GCM Grosvenor emerging manager fund
Friday, November 13, 2026 · first reported by IPE Real Assets
New York State Common Retirement Fund has committed $400m to the Empire GCM RE Anchor Fund, managed by GCM Grosvenor. The allocation widens the emerging manager programme within the pension fund's real estate portfolio. The vehicle backs US-based real estate managers that are small, newly established or diverse, co-investing with them.
Separately, $7.5m was approved for Grandview IV, run by Grandview Property Partners, which aims at US industrial and residential assets. The pension fund also pledged $200m to SDC Digital Infrastructure Opportunity Fund V, its first investment with SDC Capital Partners. That fund focuses on telecommunications and technology.
- Also named
- GCM Grosvenor, Grandview Property Partners, SDC Capital Partners
- Fund
- Empire GCM RE Anchor Fund
- Asset class
- Real estate, Infrastructure
- Geography
- North America
The summary and fields above are extracted from the published reports and can contain errors. The linked articles are the source of record.
See an error?
- CPP Investments’ private markets commitments total $13.9bn in and after FY27 Q2Alternatives Watch
- Texas TRS anchors second fund from Avatar Capital PartnersPERE +6
- VRS invests $125m in NGP Natural Resources XIVIREI
- Colorado pension fund commits $240m to hedge funds amid portfolio restructuringHedgeweek
- Calpers commits over $4bn to private debt in Q2Alternative Credit Investor
- CalPERS approves $2.7bn in real estate and infrastructure commitmentsIPE Real Assets
Got news? Send it to us →