Investors - MAY 7, 2015

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

Sign in Start Your Free Trial Now View Purchase Options

Oregon commits $150m to debt fund

by Zoë Wolff

The Oregon Public Employees Retirement Fund has committed $150 million to Madison Realty Capital Debt Fund III, according to Anthony Breault, senior real estate investment officer for the Oregon State Treasury.

Breault noted that this is a first-time investment with Madison Realty Capital for Oregon PERF, but the $72 billion pension fund likes Madison’s “excellent sourcing capabilities for the New York and tri-state area market.”

The fund will invest in commercial real estate loans, real estate mezzanine loans and preferred equity investments. Managed by Madison Realty Capital, the fund is aiming for a 16 percent return and is targeting $600 million in investor commitments.  

Other investors in the debt fund have included the $104.3 billion New York State Teacher

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