Texas Teachers commits $100 million to opportunistic real estate
Print
Texas Teacher Retirement System, Austin, made one commitment to a private market strategy in March, according to a transaction report from the $176.9 billion defined benefit plan.
TRS real estate investment team members committed $100 million to F65 Opportunity Longhorn Fund from the system s $26.5 billion real estate portfolio.
The fund is run by existing manager
Westbrook Partners. Portfolio managers will seek investments in U.S. opportunistic real estate properties. TRS committed $100 million to the previous fund in Westbrook s fund family in 2016, a previous transaction report showed.
Related Articles