Niam Nordic VII gets €150m and Brookfield’s BSREP III secures $400m. : New York State Common Retirement Fund (NYSCRF) is backing opportunistic real esate funds managed by Niam and Brookfield Asset Management. The pension fund said it approved a €150m commitment to Niam Nordic VII and $400m (€347m) to Brookfield Strategic Real Estate Partners (BSREP) III. The $207bn pension fund, which backed the previous Niam Nordic fund, told IPE Real Assets it “had evaluated several managers in the Nordics and Niam was identified as “the most experienced fund manager” in the region, having been active there for more than 17 years.