The Montana Board of Investments has committed $100 million to two real estate funds, according to a recent board document.
The commitments were $50 million each to Centerbridge Partners Real Estate Fund II and Sterling Consumer Logistics Properties Fund I.
Centerbridge Partners Real Estate Fund II, a closed-end fund managed by Centerbridge Partners, opened to investors in July 2020. It will invest in real estate assets in the United States.
Sterling Consumer Logistics Properties Fund I, managed by Sterling Organization, opened to investors on June 15, according to an SEC filing.
Sterling Organization is a vertically integrated private equity real estate firm whose national platform is focused on investing in consumer fulfillment and distribu
