The EUR 8.5 billion asset manager is planning to commit to four to eight private equity and private equity real estate funds in the next 12 months. Tapiola is hoping to deploy between EUR 60 million and EUR 150 million across these vehicles. It is likely that three or four of these new commitments will be private equity real estate fund commitments. It will consider investing with both existing managers and those it has yet to form relationships with. Tapiola Mutual Pension Insurance Company is targeting 5% of its total assets to private equity real estate vehicles. Its overall allocation to real estate equates 11.3% of its total assets.
More information on private equity real estate investors is available on Preqin's online module, Real Estate Online.