Nebraska Investment Council, Lincoln, committed $10 million to Metropolitan Real Estate Partners Secondaries & Co-Investments Fund for the $1.2 billion general endowment pool the council oversees, said Michael Walden-Newman, state investment officer.
The council, which oversees a total of $22 billion in assets, has made commitments to two previous funds managed by Metropolitan Real Estate Equity Management: $20 million to Metropolitan Real Estate Partners VI and $10 million to Metropolitan Real Estate Partners International III, both for the endowment pool in 2008.
