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Sign in Sign up for a FREE subscriptionOhio P&F commits $50m to Asana fund
The $4.3 billion Ohio Police & Fire Pension Fund has approved a commitment of $50 million to Asana Partners Fund I, a real estate fund managed by Asana Partners, according to board meeting notes.
Asana I is the first real estate fund launched by Asana Partners, which aims to raise $400 million in equity commitments. The value-added fund focuses on urban high street retail, primarily in the eastern United States.
OP&F has approved $100 million in commitments to date: $50 million to Greystar Equity Partners IX, a value-added fund managed by Greystar Equity Partners, and now $50 million to Asana I. An additional $45 million is targeted for a future commitment in 2016, according