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AnalysisDeals & PEthe-ledger

New York State Common Retirement Fund announces $456.3 million in real estate commitments

Apogem Capital closed its Apogem Real Assets Fund IV at $472 million while Kansas Public Employees Retirement System committed $100 million to an EQT Exeter industrial fund.

At a glance

  1. The total splits into $300 million for Artemis Real Estate Partners, $150 million for Basis Investment Group and $6.3 million for Hyperion Realty Capital.
  2. Kansas Public Employees Retirement System announced a $100 million commitment to EQT Exeter's U.S. Industrial Value-Add Fund VII the same day.
  3. Apogem Capital closed Apogem Real Assets Fund IV at $472 million, the largest closed transaction in our records across the two-day window.

New York State Common Retirement Fund announced $456.3 million of real estate commitments on Oct. 13, according to our records. The total splits into $300 million for Artemis Real Estate Partners, $150 million for Basis Investment Group and $6.3 million for Hyperion Realty Capital.

Kansas Public Employees Retirement System announced a $100 million commitment to EQT Exeter's U.S. Industrial Value-Add Fund VII the same day. The two pension systems announced $556.3 million of commitments on Oct. 13.

Apogem Capital closed Apogem Real Assets Fund IV at $472 million, the largest closed transaction in our records across the two-day window. That is more than twice the $203.5 million close recorded for Kinsmen Property Group and SK Development.

Three real assets vehicles launched the same day, led by a $1 billion fund from AIP Capital, Bridgepoint and GFH Bank. SWBC Real Estate launched SWBC RE Fund II at $200 million, and FSD Africa Investments and Finance Earth launched the $100 million Africa Nature Impact Fund.

New York State Common Retirement Fund's $456.3M real estate split

Artemis takes nearly two-thirds of the total

  • Artemis Real Estate Partners$300M
  • Basis Investment Group$150M
  • Hyperion Realty Capital$6.3M
Source: PWD tracking · Oct. 13, 2026
Show as table
ItemValue ($M)
Artemis Real Estate Partners$300M
Basis Investment Group$150M
Hyperion Realty Capital$6.3M
PartiesStatusSize
NYS Common Retirement Fund · Artemis Real Estate PartnersAnnounced$300M
NYS Common Retirement Fund · Basis Investment GroupAnnounced$150M
NYS Common Retirement Fund · Hyperion Realty CapitalAnnounced$6.3M
Kansas Public Employees Retirement System · EQT Exeter U.S. Industrial Value-Add Fund VIIAnnounced$100M
Apogem Capital · Apogem Real Assets Fund IVClosed$472M
SWBC Real Estate · SWBC RE Fund IILaunched$200M
AIP Capital · Bridgepoint · GFH BankLaunched$1B
FSD Africa Investments · Finance Earth · Africa Nature Impact FundLaunched$100M

Across the pension commitments, the Apogem close and the three launches, Oct. 13 real assets activity totals $2.33 billion in our records. That figure mixes commitments to managers with the sizes of vehicles, so it measures activity rather than capital deployed.

Reported by the Deals & PE desk from Private Wealth Daily deal log (our tracking), Private Wealth Daily fund launch log (our tracking) and Private Wealth Daily weekly deal coverage. Published . Updated Oct 28, 2026 · 2:57 p.m. ET. Corrections

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