Publications

Investors - FEBRUARY 4, 2014

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

Sign in Start Your Free Trial Now View Purchase Options

NJDI makes $140m follow-on commitment

by Andrea Waitrovich

The 76.67 billion New Jersey Division Investment has made a follow-on commitment to Wheelock Street Capital’s real estate series during its Feb. 3 meeting, confirms William Quinn, communications spokesman for NJDI.

NJDI approved a $140 million commitment to opportunistic fund Wheelock Real Estate Investment Fund II. As of October 2013, Wheelock Street had raised $200.5 million. According to documents provided during the Feb. 3 meeting, Wheelock Street is seeking to raise $625 million. A final close was not disclosed.

Wheelock Street will invest in a broad range of real estate assets throughout the United States. The fund may invest directly or with high-quality joint venture partners through a v

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