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TRS invests $150m in Invesco real estate fund

by Andrea Waitrovich

The $139.7 billion Teacher Retirement System of Texas has committed to $150 million to a core open-end fund managed by Invesco Real Estate.

The pension fund invested in Invesco U.S. Income Fund, which invests in well-leased multifamily, office, retail and industrial assets located in major U.S. markets and coastal regions.

In other news, TRS recently appointed Jerry Albright as its new CIO.

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