Ohio Bureau of Workers Compensation Board (Ohio BWC) has revealed that its Board approved a $50 million commitment to Gaw Capital’s US Value Add Fund III on 21 December 2017.
Fund III, which is targeting to raise $360 million equity, will be invested in office and hotel properties across the US.
The commitment to Gaw Capital was one of the few fund investments BWC made in 2017, including the $50 million commitment to Hammes Partners Fund III in January 2017.
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