West Virginia Investment Management Board, Charleston, made new private equity and real estate commitments totaling up to $245 million.
The board's real estate committee at its June 30 meeting approved four commitments totaling up to $215 million, according to a response to a Freedom of Information Act request.
The committee approved commitments of up to $75 million to RCG Longview CenterSquare Debt Fund VII, a real estate debt fund managed by CenterSquare Investment Management; $50 million each to Equus Investment Partnership XII, a value-added real estate fund managed by Equus Capital Partners, and Madison International Real Estate Liquidity Fund VIII, a real estate fund managed by Madison International Realty; and C$50 million ($40 million) to Woodbourne Canada Partners V, a Canadian real estate fund managed by Woodbourne Capital Management.
At its June 14 meeting, the board's private equity committee approved a commitment of up to $30 million to Amulet Capital Fund II, a buyout fund managed by Amulet Capital Partners, according to a separate response to a FOIA request.
Craig Slaughter, executive director and chief executive officer, said commitments approved by the committees are subject to contract negotiations.
