Investors - MAY 21, 2018

Minnesota SBI commits $250m to Angelo, Gordon funds

by Jody Barhanovich

The $93.5 billion Minnesota State Board of Investment has committed a total of up to $250 million to two Angelo, Gordon & Co. real estate funds, according to a quarterly update report on the pension fund’s website.

The two funds are AG Realty Fund X and AG Asia Realty Fund IV, but the pension fund did not disclose how much equity would be committed to each fund.

The commitments are subject to board approval.


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