Texas Teachers approves $400m in commitments

The US public pension has backed a special situations and a core fund.

Teacher Retirement System of Texas made two real estate fund commitments in January 2018: contributing up to $200 million each to Square Mile Tactical Partners II-A and Madison International Prime Property Investor Series I.

The $146 billion US public pension has a 14 percent allocation to real estate that currently stands at 14.1 percent.

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