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Home Finance LACERS Keeps CenterSquare on $679MM REIT Mandate, Commits $50MM to Blue Owl’s Net Lease Fund
FinanceIndustry NewsLos Angeles

LACERS Keeps CenterSquare on $679MM REIT Mandate, Commits $50MM to Blue Owl’s Net Lease Fund

October 30, 20263 Mins read6
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Los Angeles' city employee pension is keeping the REIT manager that has beaten its benchmark for more than a decade at a below-market fee, while joining Orange County's pension and other public funds in Blue Owl's seventh net lease fund as it pushes toward an enlarged $9 billion hard cap.

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