TCDRS continues partnership with FCP

The US pension fund committed capital to FCP's sixth flagship fund.

Institution: Texas County & District Retirement System
Headquarters: Austin, US
AUM: $41.7 billion

Texas County & District Retirement System has committed $75 million to FCP Realty Fund VI, according to a recent report on its investment activity.

Incorporated in 1999, FCP is a privately held real estate investment firm specialising in equity and debt investments in commercial and residential properties across the US.

The pension committed $125 million to the vehicle’s predecessor, FCP Realty Fund V.

TCDRS’ recent real estate commitments are predominantly focused on North American, as shown below.

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