Investors - DECEMBER 11, 2014

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

Sign in Start Your Free Trial Now View Purchase Options

Pension plan to commit up to $200m to real estate in 2015

by Reg Clodfelter

The $14.3 billion Ohio Police & Fire Pension Fund will commit between $150 million and $200 million to real estate in 2015, according to Dave Graham, communications manager with OP&F.

All of the pension plan’s new investments will be made from the tactical portion of the real estate portfolio, and will range in size from $40 million to $70 million each. OP&F made an investment from its tactical real estate portfolio in November, committing $50 million to AEW Partners VII, an opportunistic fund that looks to acquire and recapitalize undermanaged but well-located assets with distressed capital structures in North America. AEW Partners VII closed earlier this month after hitting its $550 million hard cap.

The commitment to AEW Partners VII was OP&F’s second investment in the tac

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