Korean Teachers Credit Union backs latest Harrison Street real estate fund

The Korean Teachers Credit Union has earmarked $100 million for Harrison Street Real Estate Partners VIII, a closed-end opportunistic fund managed by Harrison Street.

Harrison Street Real Estate Partners VIII launched in November 2020 with a $2 billion fundraising target. The fund will invest in alternative property types, such as life sciences, medical office, senior housing and student housing, in the United States and Canada.

The Korean Teachers Credit Union joins the Teacher Retirement System of Texas and the Virginia Retirement System as recent investors in the Harrison Street fund.

The Korean Teachers Credit Union could not be reached to comment on the investment at the time of publication.