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Sign in Sign up for a FREE subscriptionTCDRS re-ups in new SCP Real Estate Opportunities Fund II
The Texas County & District Retirement System (TCDRS) has placed $27.86 million in the newly launched SCP Real Estate Opportunities Fund II, a recent investment report shows.
SCP Real Estate Opportunities Fund II, an opportunistic fund managed by Stockdale Capital Partners, opened to investors in late June, according to an SEC filing. An equity fundraising target was not disclosed in the filing, however, the fund’s predecessor, SCP Real Estate Opportunities Fund I, had a target of $300 million. That fund concluded fundraising in 2020 with $550 million.
TCDRS previously committed $75 million to SCP Real Estate Opportunities Fund I.
The fund series focuses on the value-add and opportu
