Name: Texas County and District Retirement System
HQ: Austin, US
AUM: $41.7 billion
Allocation to Real Estate: 5.01%
Founded in 2006, Pennybacker Capital is a Texas-based real estate firm targeting investments in commercial and multifamily sectors in sustainable growth market of the US.
As illustrated below, TCDRS’ recent commitments have tended to focus on North American real estate vehicles, which invest under a variety of sectors.
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