Texas C&D commits $50m to real estate
The $23 billion Texas County & District Retirement System has committed $50 million to Carmel Partners Investment Fund VI, according to a transaction report on the pension fund’s website.
Carmel Partners Investment Fund VI, sponsored by Carmel Partners, launched earlier this month according to a filing with the SEC. The fund’s predecessor, Carmel Partners Investment Fund V held a final close of $1.025 billion in July 2015. Fund IV closed in October 2012 with $820 million.
Texas C&D recently committed to PW Real Estate Fund III, sponsored byPW Real Assets, fo