The Teacher Retirement System of Texas (TRS) has made $80 million in real estate commitments in January 2025, according to its commitments review email on Feb. 7.
PIMCO Brera Fund, a vehicle of Pacific Investment Management Co. (PIMCO), received $30 million. It is an opportunistic fund targeting properties in Europe. A fundraising goal has not been disclosed.
CSV IV, a program of CSF Asset Management Vehicle, received $50 million. This fund is an opportunistic fund, targeting properties in the United States. A fundraising goal has not been determined.
TRS, a public pension fund, had $203.7 million in assets, as of June 30, 2024. As of then, it had a 15 percent target real estate allocation, with $29.3 million in real estate allocations.
