Amstar Advisers Receives $200 Million Commitment from Pension Fund
Denver, CO (September 16, 2011)– Amstar Advisers (“Amstar”) announced today the formation of a separate account investment vehicle with an undisclosed pension plan. The separate account, which will be managed by Amstar, will invest in non-core real estate in select U.S. markets.
"We are extremely excited about establishing a long-term relationship with this new client," remarked Gabe Finke, Amstar CEO. "For more than 24 years, Amstar has been building a strong reputation as a prudent real estate investor. Our clients have always relied on us to construct high-quality, diversified real estate portfolios where we can add value and manage risk."
Amstar will begin to invest the new commitment in the fourth quarter of 2011.
About Amstar:
Established in 1987, Amstar is a real estate investment manager that offers both commingled funds and tailored separate accounts to its international and domestic clients. With approximately $1.6 billion in assets under management, Amstar’s current portfolio consists primarily of office, multifamily, hospitality and retail properties within the major markets of the United States and select markets in Europe and Latin America.
For more information please contact Rob Toomey at Amstar Advisers at 303-534-6322.