Investors - OCTOBER 20, 2016

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Ohio P&F commits $50m to Brookfield fund

by Jody Barhanovich

The $14.2 billion Ohio Police & Fire Pension Fund approved a commitment of up to $50 million to Brookfield Premier Real Estate Partners,a fund managed by Brookfield Asset Management, during its October meeting, according to David Graham, communications director at the retirement system.

The core-plus, open-end fund invests in high-quality office, retail, multifamily and industrial properties in large U.S. markets.

The pension fund has committed a total of $150 million in real estate commitments this year. OP&F previously committed $50 million to Asana Partners Fund I in August 2016 and $50 million to Greystar Equity Partners IX in April 2016.

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