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Access here alternative investment news about Gerding Edlen Plans $450M Fundraise For Fourth Real Estate Fund | News | Ipe Ra
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Gerding Edlen Plans $450M Fundraise For Fourth Real Estate Fund | News | Ipe Ra

by realassets.ipe.com posted 8months ago 35 views
CRPTF is planning to make a $75m commitment into Gerding Edlen Green Cities IV. : Gerding Edlen is planning to raise $450m (€388.6m) for its fourth real estate fund, according to a potential investor. Connecticut Retirement Plans and Trust Funds (CRPTF) said in a meeting document that it intends to make a $75m commitment into the Gerding Edlen Green Cities IV fund. As previously reported, the $34.2bn pension fund also considered a $50m commitment to Gerding Edlen’s Green Cities III. Green Cities III, closed in April last year with $416m in capital commitments, exceeding its $350m target.

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