Kansas City foundation commits $15m to debt fund

The $756 million Health Care Foundation of Greater Kansas City has committed $15 million to Almanac Realty Securities VIII, according to board meeting documents.
The foundation said in the meeting minutes that it committed to Almanac’s fund due to the “fund’s convertible debt strategy and strategy diversification benefits and a consistent return profile, even during the downturn.”
Almanac Realty Securities VIII is managed by Almanac Realty…

Kansas City foundation commits $15m to debt fund
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