Publications

Investors - JUNE 29, 2020

To read this full article you need to be subscribed to Newsline.

Sign in Sign up for a FREE subscription

Texas Permanent School Fund commits to four real estate funds in first quarter

by Kali Persall

Texas Permanent School Fund made a series of commitments to real estate managers in the first quarter of the year.

These included a $75 million commitment to AG Europe Realty Fund III, building on an existing relationship with Angelo, Gordon & Co.

The fund also committed $55 million to BlackChamber Real Estate Opportunity Fund, managed by BlackChamber Partners; $50 million to GreenOak Europe III, managed by BentallGreenOak; and a total of $50 million in CapRock Partners Management, with $35 million going to CapRock Partners Value-Add Industrial Fund III and $15 million allocated to CapRock Partners Industrial Co-investment Fund III (TX).

The latter commitments with BlackChamber, BentallGreenOak and CapRock represent new manager relationships for Texas Permanent.

The commitments follow a $50 million commitment to Exeter Industrial Value Fund V, building on an existing relationship with Exeter Property Group, in the fourth quarter of 2019.

Forgot your username or password?

We use cookies and other tracking technologies to personalize your user experience on our site and perform site analytics. By clicking on “I accept”, you consent to our Privacy Policy.