US pension fund commits $75m to LaSalle's sixth Asia real estate fund

US pension fund commits $75m to LaSalle's sixth Asia real estate fund

Shanghai, China. Photo from Pixabay.

The Los Angeles-based Water and Power Employees’ Retirement Plan (WPERP) has finalised a $75-million commitment to LaSalle Investment Management’s sixth Asia real estate fund, according to its May investment report.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter