Advisor & Subadvisor

Experienced, Highly-Rated Sub-Advisors¹

Bluerock Fund Advisor has engaged the world’s largest asset advisor² — Mercer Investments, LLC to advise on the private equity securities investments of the Fund.

$351B

Gross Asset Value

6,775+

Properties

92%

Occupancy5

33%

Weighted Average Loan-to-Value6

Underlying Portfolio Data as of 6.30.2024

Gain Exposure Alongside Some of the Nation’s Largest Pension Funds

The Fund provides exposure to institutional private equity real estate (iPERE) securities alongside some of the nation’s largest endowment and pension plans. Below is a sample of the Institutional Investors of the Underlying Holdings.

  • Allstate Investment Management
  • Blue Cross & Blue Shield Association
  • California State Teachers’ Retirement System (CalSTRS)
  • Ford Pension Fund (US)
  • General Electric Pension Trust
  • Indiana Public Retirement System
  • New York State Teachers’ Retirement System
  • Ohio Police & Fire Pension Fund
  • Oregon State University Foundation
  • Teacher Retirement System of Texas
  • Texas Municipal Retirement System

Source: Mercer Investments, LLC as of March 2023. Mercer’s Assets Under Advisement are derived from a variety of sources, including, but not limited to, third-party custodians or investment managers, regulatory filings, and client self-reported data. Mercer’s Assets Under Management include Mercer Investments LLC and global affiliates and may differ from regulatory filings

Mercer Real Estate Strategies: Mercer Investments, LLC’s real estate strategies and rankings maintained in their proprietary Global Investment Manager Database (GIMD). Strategies include all worldwide public and private, equity and debt, core, core plus, value-add, opportunistic, private and public securities and fund of funds that contain real estate-related strategies as part of the investment offerings.

1 The term ‘highly-rated’ refers to Institutional Investment Funds screened, reviewed and rated by Mercer Investments, LLC’s proprietary due diligence process.

2 Rankings provided by Preqin.com

3 Source: Source: Mercer Investments, LLC as of 12.31.2023. Mercer’s Assets Under Advisement are derived from a variety of sources, including, but not limited to, third-party custodians or investment managers, regulatory filings, and client self-reported data. Mercer’s Assets Under Management include Mercer Investments LLC and global affiliates and may differ from regulatory filings. Where available, the AUA Data is provided as of the date indicated. Mercer has not independently verified the AUA data. The AUA Data includes assets of clients that have engaged Mercer to provide project-based services, as well as assets of clients that subscribe to Mercer’s Manager Research database – MercerInsight. 17 Mercer Real Estate Strategies: Mercer Investments, LLC’s real estate strategies and rankings maintained in their proprietary Global Investment Manager Database (GIMD). Strategies include all worldwide public and private, equity and debt, core, core plus, value-add, opportunistic, private and public securities and fund of funds that contain real estate-related strategies as part of the investment offerings.

4 Mercer Real Estate Strategies: Mercer Investments, LLC’s real estate strategies and rankings maintained in their proprietary Global Investment Manager Database (GIMD). Strategies include all worldwide public and private, equity and debt, core, core plus, value-add, opportunistic, private and public securities and fund of funds that contain real estate-related strategies as part of the investment offerings.

5 Occupancy rates reported from underlying managers, average is the simple average of all private funds. Generally excludes properties under construction, but generally includes properties in lease-up.

6 Weighted average loan to value: outstanding loan balance divided by the total value of the underlying real estate.

Data presented regarding the Fund Advisor, Sub-Advisors and underlying portfolio is current as of 12.31.2023. This is an actively managed portfolio. There is no guarantee that any investment (or this investment) will achieve its objectives, goals, generate positive returns, or avoid losses.

For a detailed list of current holdings, please visit Investment Holdings webpage.