Mass PRIM has approved a $200m commitment to the DivcoWest Fund VI. :
DivcoWest intends to raise $2bn (€1.8bn) for its latest real estate fund, according to the Massachusetts Pension Reserves Investment Management Board (Mass PRIM). If successful, DivcoWest Fund VI will be the largest-ever raised by the company, overtaking its predecessor which raised close to $1.6bn in 2017. Mass PRIM disclosed the fundraising target in a board meeting document and said it had approved a $200m commitment to the fund. As previously reported, Teacher Retirement System of Texas has also invested $100m in DivcoWest Fund VI.