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Posted on: Aug. 17, 2018, 11:31 a.m.
Pension fund allocates $120m for new real estate investments. : The $18.5bn (€16.2bn) pension fund has allocated $120m for real estate investment for its 2018-19 fiscal year and will focus exclusively on non-core assets, according to a board meeting report. The pension fund allocated $180m for the previous 12 months, but ended up investing $310m in the form of eight fund commitments. These included a recent $20m commitment to the Fidelity Real Estate High Income, a property debt fund, and … Full investment news articleRelevent to this post: Montana Board of Investments Angelo, Gordon & Co LP,