Real Estate
First close for Growth & Income Fund VIII held, raising $604m. : LaSalle Investment Management has attracted the pension funds of Boeing, Textron and the United Nations in a $604m (€533m) first close for LaSalle Growth & Income Fund VIII. The Ventura County Employees’ Retirement Association, which has committed $100m to the US value-add real estate fund, confirmed that the first close had been held. According to sources, investors in the fund include the corporate pension funds of aircraft companies Boeing and Textron, the United Nations Joint Staff Pension Fund and Arkansas Teacher Retirement System.

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