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Sign in Sign up for a FREE subscriptionOhio pension fund invests in new PGIM seniors fund
Ohio Bureau of Workers’ Compensation has committed $75 million to PGIM Senior Housing Partnership Fund VI, a value-added real estate fund managed by PGIM Real Estate.
The investment was made on behalf of the $24.2 billion State Insurance Fund.
PGIM Senior Housing Partnership Fund VI launched this year. Senior Housing Partnership Fund VI will invest in independent living, assisted living and memory care properties. The predecessor fund in the senior housing series, Prudential Senior Housing Partnership Fund V, raised $629 million in 2015.
