Texas TRS Allocates $785M to Real Estate, Infrastructure, Private Equity

Written by: Koncheng Moua, Director of Data Management and Strategy

The Teacher Retirement System of Texas has disclosed commitments totaling up to $785 million across real estate, infrastructure, and private equity funds. 

$200 million was committed to the value-add real estate fund, Abacus Multi-family Partners VI. $100 million was committed to opportunistic fund Wheelock Street Real Estate Fund VII. 

$100 million was committed to ISQ Growth Markets Infrastructure Fund, and $350 million to Brookfield Infrastructure Fund V.

BCAP VI QP was given a commitment of $25 million, a venture capital fund managed by Blockchain Capital. $10 million was committed to NIV Fund II, a venture capital fund managed by North Island Ventures.

The System’s investment policy targets a15% real estate allocation, a 6% allocation to energy, natural resources and infrastructure, and a 14% target allocation to private equity.

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