Aegon Real Assets U.S. (Aegon RA) announced the closing of a $135 million national low-income housing tax credit fund sponsored by Aegon RA, a member company of Aegon Asset Management, the global group of asset managers affiliated with Netherlands-based Aegon N.V. In addition to sponsoring the fund, Aegon RA will also provide ongoing fund oversight and asset management services for the fund.
Aegon RA has been a consistent participant in this socially responsible market sector and currently manages 390+ partnerships nationwide. Aegon RA has invested more than $4.5 billion in tax credit equity investments on behalf of institutional nonaffiliated clients and its insurance company affiliates since 1987.
“With this latest closing, we have raised over $3.2 billion in capital for 55 funds,” remarked Lynn Ambrosy, managing director, institutional investments for Aegon RA, “This is our 10th multi-investor LIHTC fund closing. Four new investors joined our platform alongsid
