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Sign in Sign up for a FREE subscriptionMinnesota approves $75m commitment to Angelo Gordon fund
The Minnesota State Board of Investment has earmarked $75 million in capital for Angelo, Gordon & Co.’s Europe Realty III fund.
The pension fund approved the follow-on investment at a board meeting on Aug. 22. Minnesota has previously committed $75 million to the fund, as well as a slew of other commitments totaling $400 million to other investment vehicles in Angelo Gordon’s real estate fund series, according to a June performance report.
In May, Angelo Gordon held a final close for the fund's predecessor, Europe Realty II, raising $843 million in capital and surpassing its $750
