South Dakota Investment Council, Sioux Falls, committed up to $100 million to Blackstone Real Estate Partners Asia III, confirmed Tammy Otten, assistant investment officer, in an email.
Of the commitment, which was reported at the council's Nov. 18 meeting, up to $90 million was made on behalf of the $14.6 billion South Dakota Retirement System, Pierre, while up to $4.5 million came from the $726 million Education Enhancement Trust Fund, up to $2.3 million from the $379 million School & Public Lands Fund, up to $2 million from the $379 million Dakota Cement Trust Fund and up to $1.2 million from the $223 million Healthcare Trust Fund.
The council previously committed to Blackstone Real Estate Partners Asia II.
