West Virginia Investment Management Board, Charleston, made three new commitments totaling up to $118 million, according to board meeting minutes.
The board, which oversees the investment management of $16 billion in defined benefit plan assets, committed up to $50 million to Westbrook Real Estate Fund XI, a value-added real estate fund managed by Westbrook Partners; up to $35 million to BVIP Fund X, a buyout fund managed by BV Investment Partners; and up to €30 million ($33 million) to Harrison Street European Property Partners III, a real estate fund managed by Harrison Street Real Estate Capital that acquires and develops student housing in the U.K. and Europe.
The minutes were from board subcommittee meetings in January and February.
Craig Slaughter, executive director and CEO, did not respond to requests for further information.
