Employees Retirement System (ERS) of Texas has approved a $37.5m (€34.7m) capital commitment to an opportunist real estate fund managed by The BlackChamber Group.

The pension fund said the commitment to the BlackChamber Real Estate Opportunity Fund was made last month.

As previously reported, the State of Wisconsin Investment Board made a $100m commitment to the fund, which is seeking a $500m capital raise.

The opportunity fund will target data centre properties in the US.

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