The Ohio Police & Fire Pension Fund is issuing redemption queues for two open-ended commingled funds in which it has invested, IPE reports. The pension fund seeks to redeem $80 million from its INVESCO Core fund and has also placed a redemption queue for its investment in RREEF America REIT II.
The pension fund placed a value on its investment in the core fund at $196.6 million and the RREEF fund at $34.1 million as at the end of November 2010. The pension fund has also assigned $165 million of new real estate commitments for 2011 for its tactical portion of its real estate portfolio.
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