University of West Florida Foundation Inc., Pensacola, committed $2 million to Harbert United States Real Estate Fund VI, managed by Harbert Management Corp., said recently released executive committee meeting minutes.
The $88 million foundation has previously committed to Harbert United States Real Estate Fund IV and Harbert United States Real Estate Fund V.
As of June 30, the foundation's real estate allocation was 1.9%.
Foundation officials could not be immediately reached to provide further information.