This is a partnership in investment that allows multiple pension funds to co-invest their assets in either a singular property or multiple properties. Its appeal to investors is that it allows them to invest in a larger property or achieve greater diversification, usually outside the reach of small- to mid-sized tax-exempt funds. These programs offer a greater measure of control that is provided by normal commingled fund offerings.
Co-investment program
This is a partnership in investment that allows multiple pension funds to co-invest their assets in either a singular property or multiple properties. Its appeal to investors is that it allows them to invest in a larger property or achieve greater diversification, usually outside the reach of small- to mid-sized tax-exempt funds. These programs offer a greater measure of control that is provided by normal commingled fund offerings.
