Institution: Employees Retirement System of Texas
Headquarters: Austin, United States
AUM: $28.3 billion
Allocation to alternatives: 30.9%
The $28.3 billion US public pension has a 12 percent target allocation to real estate that currently stands at 11.1 percent.
As illustrated below, the pension fund’s recent commitments are to funds focused on the residential, retail, office and hospitality sectors within the North America region.
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