In May 2018, the Teacher Retirement System of Texas made a commitment of $150 million to Invesco U.S. Value-Add Fund V and a commitment of $50 million to the vehicle’s sidecar, Invesco U.S. Value-Add Sidecar V One.
The $151 billion US public pension has a 14 percent target allocation to real estate that currently stands at 14.1 percent.
Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.
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