The $78.18 billion New Jersey Division of Investment has committed $125 million to Aermont Capital Real Estate Fund IV, according to a New Jersey State Investment Council agenda document.
Aermont Capital Real Estate Fund IV is an opportunistic real estate fund managed by London-based Aermont Capital. The firm’s funds are mandated to invest in real estate and real estate–related opportunities in Europe, in prime assets or projects at top locations in major cities such as London, Paris, Berlin, Frankfurt, Barcelona, Amsterdam, Florence, Lisbon and others.
The fund also recently received an €85 million ($98 million) commitment from the $29.6 billion Texas County & District Retirement System.
