Harvard Development Gets Money From Diversifying Ontario Pension

by wealthmanagement.com posted 5months ago 43 views
Investment Management Corp. of Ontario is investing hundreds of millions in a new Harvard research campus. : (Bloomberg)—Ontario’s public fund manager is investing in a new research campus at Harvard University, part of a wider effort to diversify its real estate holdings and gain more exposure to the U.S. market. Investment Management Corp. of Ontario is putting $100 million directly into the mixed-use project, which will have conference, lab, hotel and residential space. It’s also committing $325 million to the Breakthrough Life Science Property Fund, which is making its own investment in the proposed 14-acre site.

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