University of Michigan commits $25m to Japanese real estate fund

University of Michigan commits $25m to Japanese real estate fund

Aerials view of Michigan Stadium as the sun rises during a Day in the Life of the University of Michigan on August 23, 2011.

The regents of the University of Michigan have committed up to $25 million to the Japanese real estate investment fund Star Asia Japanese Special Situations V. The investment was approved on September 17, 2020, according to a board meeting document.