Investors - OCTOBER 6, 2016

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

Montana commits $25m to CBRE value-added fund

by Jody Barhanovich

The $16.4 billion Montana Board of Investments has committed $25 million to CBRE Strategic Partners U.S. Value 8, managed by CBRE Global Investors, according to a board meeting document.

The closed-end fund series targets investments in major and secondary U.S markets, focusing on class A office, industrial, retail and multifamily properties.

The pension fund has previously committed to the series predecessors, including two separate allocations of $15 million in 2014 and $10 million in 2015 to CBRE Strategic Partners U.S. Value 7 and an allocation of $20 million to CBRE Strategic Partners U.S. Value 6 in 2012.

In addition, the pension fund previously committed $45 million to two real estate funds

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy