Institution: Teacher Retirement System of Texas
Headquarters: Austin, United States
AUM: $148.0 billion
Allocation to alternatives: 35.0%
Teacher Retirement System of Texas has confirmed a commitment of $50 million to Invesco Asia Real Estate Fund IV – Sidecar, a contact at the pension informed PERE.
The $148 billion US public pension has a 15 percent target and actual allocation to real estate.
As illustrated below, the institution’s recent commitments are to funds focused on the office and residential sectors within the North America and Asia-Pacific regions.
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