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Sign in Sign up for a FREE subscriptionPension fund invests $300m to Ascentris fund
Ascentris has received an additional $300 million commitment from the Oregon Public Employees Retirement Fund (OPERF).
The commitment is an expansion of the existing relationship that was originally formed in 2013 and now consists of approximately $700 million in equity. The additional commitment will specifically target industrial, multifamily and office acquisitions and developments across the United States.
“As we have seen in previous recessions, the dislocation in today’s real estate market will create great investment opportunities,” said Gabe Finke, CEO of Ascentris.
