Omaha (Neb.) School Employees' Retirement System committed $25 million...

Omaha (Neb.) School Employees' Retirement System committed $25 million to the Wachovia Select Timberland Investment Fund I and $10 million to the Campbell Timber Fund, said Michael W. Smith, executive director. The $700 million pension plan will fund the commitments by reducing six to eight other real estate investments; the change is being made for diversification. Townsend Group advised.