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Investors - NOVEMBER 8, 2018

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Texas ERS commits $20m to real estate fund

by Jody Barhanovich

The $29 billion Employees Retirement System of Texas has committed $20 million to a real estate fund, according to Meagan M. Hoffman, senior operational due diligence analyst.

The fund, which was not disclosed, is a co-investment private real estate fund.

Texas ERS has made multiple commitments to real estate funds in the second half of 2018. Some of these include $50 million each to ERS Private Real Estate Emerging Manager II, a separate account managed by Oak Street Real Estate Capital, and Horizon MH Legacy Fund II, managed by Horizon Land Co. Others include $75 million to IndoSpace Logistics Park III, managed by IndoSpace Partners, $60 million KSL Capital Partners V, managed by KSL Capital Partners, and $

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