Texas TRS Commits $655M to Real Estate, Private Equity

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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