The $7.3 billion Los Angeles Fire & Police Pension System has decided to get in the queue to withdraw from the JMB/Heitman Group Trust IV closed-end investment fund. The system will get its pro rata share of property sales until it receives its full $8.6 million investment. The decision was made because the pension fund is moving away from commingled real estate funds.
The $7.3 billion Los Angeles Fire & Police Pension System has decided...
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