NIC confirms $54m commitment

The US public pension has backed a North American real estate debt fund.

Institution: Nebraska Investment Council
Headquarters: Lincoln, United States
AUM: $26.39 billion
Allocation to alternatives: 13.5%

Nebraska Investment Council has agreed to commit $54 million to Torchlight Debt Opportunities Debt Fund VII, a contact at the pension informed Private Debt Investor.

The Debt Fund VII will seek to blend investments in varying degrees of risk and return. The fund will be investing 70 percent in private markets and 30 percent in public markets.

As illustrated below, the pension fund’s recent commitments are to funds focused on the real estate sector within the North America region.

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