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Invesco Real Estate Nears Final Close For $1bn Value-add Fund | News | Ipe Ra

by realassets.ipe.com posted 2months ago 13 views
North Dakota pension fund plans to issue a commitment of $70m to the fund. : Invesco Real Estate is expected to conclude fundraising for its latest US value-add real estate fund next month, according to a prospective investor. North Dakota State Investment Board (SIB) said in a board meeting document that Invesco US Value-Add Fund V, which is seeking to raise $1bn (€885m), has so far secured $800m. David Hunter, CIO of North Dakota SIB, told IPE Real Assets that the pension fund is planning to invest $70m in the fund.

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