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Minnesota SBI commits $100m to Angelo Gordon Asia property fund - Nikkei Asia

CEBU, Philippines -- The Minnesota State Board of Investments (SBI) has approved a capital commitment of up to $100 million to the latest Asia real estate fund of New York-based alternative investment manager Angelo Gordon.

In its latest private-market investment commitments update, Minnesota SBI said its board has greenlighted a commitment of $100 million to AG Asia Realty Fund V, which will seek to make timely investments in real estate in Asia.

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