Nebraska Investment Council, Lincoln, committed $40 million to Almanac Realty Securities VII, a value-added real estate fund managed by Almanac Realty Investors, said Joseph Jurich, acting state investment officer.
The council, which oversees $21.6 billion in assets, previously committed $25 million to Five Arrows Realty Securities V in April 2008, which was renamed Almanac Realty Securities V following its July 2008 closing when Rothschild Realty Managers changed its name to Almanac Realty Investors.
Separately, the council committed between $20 million to $30 million to Francisco Partners IV, a technology buyout fund. It is the council’s first commitment to Francisco Partners.
