The Teacher Retirement System of Texas has committed $100 million to Davis Investment Ventures Fund V (DIVF V) and an additional $100 million to a Davis Investment Ventures Fund V Co-Invest Sidecar.
Managed by the Davis Companies, DIVF V is seeking to raise $950 million and will invest with a value-added strategy in life-science, multifamily and self-storage properties in the United States.
As of Aug. 31, 2023, 16.15 percent ($30.14 billion) of TRST’s $186.61 billion portfolio was allocated toward real estate.
For more information about this fund and others, visit the IREI.Q database.
