Texas Permanent School Fund’s real estate fund commitments so far this year stands at about $480m (€405.2m).

The $46.5bn pension fund said it has committed €50m and $75m to the GreenOak Europe III and AG Europe Realty Fund III funds respectively to target opportunities in Europe

Texas Permanent has also issued a $75m commitment to the PAG Loan Fund IV, a PAG Asia Capital managed fund seeking a $1bn fundraise to be able to provide loans for corporate debt and real estate financing in Asia.

The other investments made by the pension fund include a $90m commitment to the VILA Multifamily Partners IB fund, $75m to the retail and industrial Longpoint Realty Fund II fund, a $35m commitment directly into CapRock Partners Value-Add Industrial Fund III and a $15m co-investment into the CapRock industrial fund.

Texas Permanent also made a $55m commitment to the BlackChamber Real Estate Opportunity data centre fund.

To read the digital edition of the latest IPE Real Assets magazine click here. 

Topics