US pension fund IMRF invests $100m in second Blackstone Asia fund

US pension fund IMRF invests $100m in second Blackstone Asia fund

The ticker and trading information for Blackstone Group is displayed at the post where it is traded on the floor of the New York Stock Exchange (NYSE) April 4, 2016. REUTERS/Brendan McDermid - RTSDKHE

US public pension fund, Illinois Municipal Retirement Fund (IMRF), will invest $100 million in Blackstone‘s second multi-billion Asia-focused real estate fund that may be launched this year or early next year.

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