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 . . .
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