The $156 billion Teachers’ Retirement System of Texas has added a fund to its expanding real asset portfolio.
A $100 million commitment to the Invesco Real Estate Asia Fund IV is a commingled fund that will be housed in the system’s real asset portfolio that was boosted to 15% from 14% last year.
Invesco is a long-time general partner of the Austin-based pension fund and has been active in the real estate market in Asia since 2006.
The state pension fund has been expanding its real estate exposure as of . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.
Monthly
$30
A pay-as-you-go plan to get you started
→ Instantly unlock all new and archived articles
→ Daily, weekly and monthly e-mail newsletters
→ Access to the weekly AW Deal Watch by AW Research
Annual
$300
Required for access to AW Research
Get more for less - 20% discount over monthly
→ Everything in Monthly PLUS:
→ Access to articles and data from AW Research
→ AW Annual Investor Compendium – our comprehensive guide to investor activity, with a ranking of the most active investors for the year and profiles of the top global allocators
