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Ohio pension fund to invest $440M in core-plus, value-add RE funds in 2018

As expected, the Ohio Bureau of Workers Compensation Board is looking to invest up to $440 million in core-plus and value-add real estate funds in 2018, IPE Real Assets reported.

The fund will set aside $125 million for existing core-plus fund investments in the second half of the year, and will look to put $165 million into two core-plus funds between the second half of 2018 and the first half of 2019.

Furthermore, the pension fund said it will commit $150 million each year to value-add real estate assets, through 2022.