Texas County & District Retirement System has disclosed a $75 million commitment to FCP Realty Fund VI-B.
The value-add real estate investment closed on November 23, 2022, according to a recent activity report on the System’s website.
As of September 30, 2022, the $40 billion TCDRS has an actual allocation to private real estate of approximately 5.3%. The target allocation to private real estate is 6%.
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