LPNEWS
SFERS commits $50m to WNG Aircraft Opportunities Fund II. : A board meeting report shows that the pension fund committed $50m (€44m) to WNG Aircraft Opportunities Fund II, which it has classified as a real estate investment. The fund will acquire used Airbus and Beoing aircraft with leases expiring in the medium or near term. Fund manager WNG Capital has invested in 59 aircraft and struck relationships with 39 airlines since it was established in 2009 by former Deutsche Bank professionals. Asset class: Fixed Income Investment Grade.Asset region: Global Developed Markets.Size: $50m.Closing date: 2019-01-07.

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