The $203.7 billion Teacher Retirement System (TRS) of Texas has made three commitments to new real estate funds during the month of September, according to a report released Oct. 7.
Texas TRS spokesperson Rob Maxwell said the pension fund committed $150 million to Cerberus Multi Listing Exit Fund, a core fund managed by Cerberus Capital Management II; more than SEK 1.078 billion ($104 million) to Waterloo Property Partners, a European value-added fund managed by Brunswick Real Estate (BRE); and $54.5 million to Core Atlanta Northside Fund, a value-added fund managed by CSF Asset Management Vehicle.
All three commitments represented new relationships for the pension fund. For more information about these funds and others, visit the IREI.Q database.
