The Teachers’ Retirement System of Illinois (TRSIL) has made a commitment of $300 million to Starwood Distressed Opportunity Fund XIII Global, managed by Starwood Capital Group.

The fund aims to raise $10 billion to invest globally and opportunistically in a diverse range of real estate sectors.

The TRSIL already had made a $100 million commitment to the fund earlier this year.

Another recent investor to the fund was the Florida State Board Administration (SBA), committing $150 million.

Florida SBA also invested $150 million in Carlyle Realty Partners X, managed by The Carlyle Group, which is currently fundraising with a $8 billion target. It will invest in demographic- and technology-driven assets like those in residential, self-storage and industrial sectors. And the pension fund made a $100 million investment to AEW Partners Real Estate Fund X, managed by AEW Capital Management. It is targeting the raise of $2.5 billion to invest opportunistically in