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Tallahassee, FL ,United States
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Prem Watsa’s Fairfax Financial Holdings Ltd. is expected to raise about $500 million for its new African investment fund, attracting less than its original goal as investor interest in the region proved weaker than anticipated, according to people familiar with the matter. Full investment news article
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Ontario Municipal Employees' Retirement System,
Florida SBA Redeems $124M From Open-Ended Real Estate Fund
Florida State Board of Administration is seeking to redeem $124m (€116m) of capital from an open-ended fund managed by PGIM Real Estate. The pension fund has filed a redemption request to withdraw 96.5% of its $128m holding in the Prudential Real Estate Separate Account II (PRISA II) fund. Full investment news article
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Florida State Board of Administration,