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Private Equity

​Illinois Municipal Backs Blackstone's Second Asia Real Estate Fund

by realestate.ipe.com posted 1year ago 409 views
<p>Illinois Municipal Retirement Fund is investing $100m (&euro;93.7m) in Blackstone&rsquo;s latest Asian real estate fund.</p> <p>The pension fund confirmed to IPE Real Estate that it had approved the commitment to&nbsp;Blackstone Real Estate Partners Asia II, alongside an investment in another fund, Dune Real Estate Fund IV.</p>