Investors - APRIL 22, 2016

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

Sign in Start Your Free Trial Now View Purchase Options

South Dakota commits $600m to real estate

by Zoë Wolff

The $10.7 billion South Dakota Investment Council has committed $600 million to two real estate funds, according to recently released meeting documents.

The pension fund committed $300 million each to Lone Star Real Estate Fund V and Blackstone Real Estate Partners Europe V.

The Lone Star fund, which launched in December 2015, is seeking to raise $5 billion. The real estate fund series targets real estate debt and equity investments in the Americas, Western Europe and Japan. Recently, the Houston Firefighters’ Relief & Retirement Fund committed $25 million to the Lone Star fund.

The Blackstone fund, which

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?