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Investors - JANUARY 12, 2016

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Colorado pension fund commits $10m to real estate

by Zoë Wolff

The $228 million Adams County (Colo.) Retirement Plan has committed $10 million to Harbert Real Estate Fund VI.

The fund is seeking to raise $500 million in equity commitments and will invest in all major property types across the United States.

The Colorado pension fund previously committed $11 million to Harbert United States Real Estate Fund V in 2014. The retirement plan has a 20 percent target allocation to real estate.

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