Teacher Retirement System of Texas has disclosed making a $150m (€127.8m) commitment to Nuveen AG Infrastructure Fund.
SEC filings last month revealed the agribusiness-related infrastructure fund had at the time raised $301m.
According to sources, the core-plus fund is expected to raise more capital by way of co-investments.
AG Infrastructure Fund, which is expected to mostly target US assets, will seek to invest in agribusiness-related infrastructure assets like grain milling and soy processing.
The fund is managed by Nuveen’s subsidiary AGR Partners.
Real estate commitments
Texas Teachers said it has also approved $100m to PCCP Equity IX, an opportunistic US real estate fund. PPCP did not respond to a request for comment.
The $176bn pension fund confirmed it made a $250m commitment to the SFR JV-2 US single-family rental partnership with Tricon Residential and has also made a $53.9m commitment to USEF Whisper Pooling 2 to target core assets in the US.
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