Texas Permanent School Fund approves $135m in commitments

The US public pension has backed two opportunity strategy focused funds.

Texas Permanent School Fund approved commitments of $75 million to AG Realty Value X and €51 million ($60 million) to Harrison Street European Property Partners Fund II.

The $33 billion US public pension has a 7 percent target allocation to real estate that currently stands at 10 percent.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.