Nebraska Investment Council, Lincoln, committed $40 million to Landmark Real Estate Fund VIII, a secondary real estate fund managed by Landmark Partners, said Michael Walden-Newman, state investment officer, in an e-mail.
The council, which oversees $23.1 billion in assets, previously committed $50 million to Landmark Real Estate Fund VII in 2014.
Separately, the council made a follow-on commitment of $60 million to UBS Trumbull Property Income Fund, a core real estate fund managed by UBS Realty Investors. The council originally committed $60 million to the fund in 2014.
The commitments are for the state’s $10.5 billion defined benefit plan and $1.8 billion cash balance plan.
