Investors - FEBRUARY 8, 2016

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

Sign in Start Your Free Trial Now View Purchase Options

Texas TRS commits $412m to real estate and energy

by Zoë Wolff

The $134 billion Teacher Retirement System of Texas has committed $412.5 million to three funds, according to Juliana Fernandez Helton, communications specialist for the pension fund.

On the energy side, the pension fund committed $200 million to a U.S. energy fund managed by TPH Asset Management.

On the real estate side, Texas TRS committed $165 million to Blackstone Edison Managed Partners, a separate account focused on opportunistic real estate managed by The Blackstone Group.

Texas TRS also committed £33 million ($47.5 million) to Brockton Capital III Sidecar A, a co-investment associated with Brockton Capital III. The pension fund committed £65 million ($97.1 million) to Brockton Capital III in March 2015. The fund invests in value-add/opportunistic real estate in the United Kingdom.


Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy