Publications

Investors - APRIL 2, 2015

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

Sign in Start Your Free Trial Now View Purchase Options

Nebraska commits $40m to real estate fund

by Zoe Loza

The Nebraska Investment Council has committed $40 million to Torchlight Debt Opportunity Fund V, a real estate debt fund managed by Torchlight Investors, during its March 26 board meeting.

Torchlight Debt Opportunity Fund V is targeting $1 billion in equity commitments. DOF V’s investment objective is to achieve capital appreciation and current income by investment in diversified portfolio of commercial real estate–related investments. DOF V will invest in commercial real estate debt, including commercial real estate loans, CMBS, CMBS interest-only strips and CDOs.

A recent investor in the debt fund is the $34.9 billion Illinois Municipal Retirement Fund, which committed $35 million to the fund.

The council, which manages $22 billion in total assets, has approximately $934 million in

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?