The Oregon State Treasury has committed $317.4 million to real estate funds, including vehicles of Blue Owl, Hines and Abacus Capital Group.
Blue Owl Real Estate Fund VII received $100 million for its closed-end, value-added strategy that invests in industrial assets, office and retail properties. The fund aims to raise $6.5 billion. The Montana Board of Investments and Illinois Municipal Retirement Fund committed to this fund in August.
Hines European Property Partners received $117.4 million (€100 million) as an open-end, diversified fund investing in office, industrial and logistics, living, retail and selected niche sectors in Europe. A fundraising goal has not been determined.
Abacus Multi-Family Partners VII is a value-added fund that invests in multifamily properties in