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Sign in Sign up for a FREE subscriptionTexas TRS invests $117m in three real estate funds
The $183.5 billion Teacher Retirement System of Texas has approved three commitments to its private real estate portfolio, totaling $117.78 million.
The retirement system has committed $50.875 million to Guadalupe Partners GCDC, an opportunistic fund managed by Affinius Capital Advisors; $50 million to GreenPoint TVP Partnership, a value-added fund managed by GreenPoint Group; and $16.9 million to Divco Devco 455 First, an opportunistic fund managed by Divco West Real Estate Services.
