Institution: Teacher Retirement System of Texas
Headquarters: Austin, United States
Allocation to alternatives: 31.10%
Teacher Retirement System of Texas has agreed to commit $50 million to Abacus Multi-Family Partners V and $53.68 million to Square Mile Bronx Logistics Co-Investment, a contact at the pension informed PERE.
The $152.20 billion US public pension has a 15.0 percent target allocation to real estate that currently stands at 12.0 percent.
As illustrated below, TRS has made several commitments to real estate funds with 2019 or 2020 vintage, which combined constitute $4.53 billion.
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