The Teacher Retirement System of Texas (TRS) committed $100 million to CS Bevo I, a real estate fund, in the month of February, according to a monthly report from TRS on March 7.
CS Bevo I, a program of CSF Asset Management, is an opportunistic fund with a focus on properties in the United States. It received an initial commitment of $100 million on Feb. 11, 2025.
As of Dec. 31, 2024, TRS had $200 billion in total assets under management, with a 15 percent real estate allocation target and $29.8 billion in total real estate assets.
