Investors - JANUARY 31, 2018

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

Sign in Sign up for a FREE subscription

San Diego County commits $100m to senior mezzanine fund

by Jody Barhanovich

The $12.4 billion San Diego County Employees Retirement Association has approved a $100 million commitment to Brookfield Senior Mezzanine Real Estate Finance Fund, according to a recording of the board meeting.

Brookfield Senior Mezzanine Real Estate Finance Fund is managed by Brookfield Asset Management, a global alternative asset manager. The closed-ended real estate fund will invest in debt secured by U.S. properties in strategic locations. The fund launched in 2017. Brookfield’s real estate debt strategies are implemented through closed-ended and open-ended investment vehicles.

San Diego County has a target allocation to real estate of 9 percent.

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.