Real Estate
<p>Canada&rsquo;s Manulife Asset Management has launched a US real estate fund, attracting capital from Ohio Police &amp; Fire Pension Fund.</p> <p>The open-ended, core-plus fund will be managed by Manulife Real Estate, a subsidiary that operates under the name of John Hancock Real Estate in the US.</p> <p>Ohio Police &amp; Fire confirmed to IPE Real Estate that it is committing $50m (&euro;46.6m) to the fund, which has yet to make any acquisitions.</p> <p>Manulife, which declined to comment, launched its first real estate funds platform in 2011, enabling third-party investors to invest in a Canadian real estate fund.</p>