The New York State Teachers Retirement System (NYSTRS) has boosted its investment in the Edens Investment Trust by a further $375m (€337m), according to minutes from the pension fund’s latest board meeting. 

Edens, a real estate operating company, focuses on the ownership and management of grocery-anchored retail assets via a diversified US-based portfolio.

Additionally, NYSTRS committed $300m to TPG Real Estate Partners IV, comprising $200m directly to the main fund and $100m earmarked for co-investments. 

NYSTRS has also added $300m to its existing commercial mortgage-backed securities separate account held with BlackRock.

The meeting notes detailed a new allocation to infrastructure within the system’s broader real assets portfolio. As part of this strategy, Brookfield Asset Management was added as a new manager following a $150m commitment to the Brookfield Infrastructure Debt Fund IV. 

In addition, NYSTRS has increased its exposure to its healthcare real estate portfolio with a $75m commitment to the Artemis Healthcare Fund III. 

The pension fund has also completed the $63m purchase of the Ascent at the Top of the Hill core apartment complex in the metropolitan area of Cleveland. 

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