Institution: KTB Asset Management
Headquarters: Seoul, South Korea
AUM: 12.84 trillion Korean won
KTB Asset Management has agreed to commit 550 billion Korean won ($472 million; €401 million) to Bridge Debt Strategies Fund IV, a contact at the pension confirmed to PERE. The fund is managed by Bridge Investment Group, and will invest in multifamily residential housing loans in the US.
The South Korean asset manager’s commitment is to a vehicle focused on the multifamily and residential, and healthcare sectors in North America.
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