Texas TRS Commits $655M to Real Estate, Private Equity
Written by: Jane Bailey, Marketing Associate
The Teacher Retirement System of Texas has shared six investments to real estate and private equity totalling $655 million.
In real estate, $250 million was allocated to BDP Investment Vehicles Master Commitment managed by Bridge Industrial, and $100 million was allocated to Alterra IOS Ventures III. An additional $100 million was allocated to PAG SCREP VIII.
In private equity, $80 million was allocated to Insight Partners XIII, with an additional allocation of $50 million to Insight Partners XIII Growth Buyout Fund.
Also in private equity, $75 million was allocated to PSC V.
As of August 31, 2023, Texas Retirement System of Texas allocates 50.8% of assets to alternative investments.
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