Oregon places $150m in Sculptor Capital REIT

The Oregon Investment Council (OIC) has committed $150 million to Sculptor Diversified Real Estate Income Trust, managed by Sculptor Capital, IREI has learned.

Sculptor Diversified Real Estate Income Trust is a REIT that targets assets such as gaming properties, hotels and senior housing.

Sculptor Real Estate invests in both opportunistic real estate private equity and real estate credit in the United States and Europe, according to the company’s website. The real estate arm has raised some $8 billion of dedicated real estate capital and has completed more than 190 transactions across 28 diverse real estate asset classes.

OIC previously committed $150 million to Sculptor Real Estate Fund IV, an opportunistic real estate fund that closed with $2.6 billion of capital commitments in 2020.

OIC could not be reached to comment on the investment at the time of publica