CEBU, Philippines -- The Minnesota State Board of Investments (SBI) has approved a capital commitment of up to $100 million to the latest Asia real estate fund of New York-based alternative investment manager Angelo Gordon.
In its latest private-market investment commitments update, Minnesota SBI said its board has greenlighted a commitment of $100 million to AG Asia Realty Fund V, which will seek to make timely investments in real estate in Asia.
