Teacher Retirement System of Texas has committed an initial $321m(€274.3m) to a newly created US separate account with Madison International Realty.
The pension fund expects the Madison International Prime Property Investors Columbus Retail account to target core real estate assets.
Madison International Realty declined a request for comment.
Teacher Retirement System of Texas has also committed $60m to a GulfTex Energy Management fund as part of its energy, natural resources and infrastructure portfolio.
The GulfTex Energy VI Holdings vehicle will be deployed through an opportunistic strategy within the US. GulfTex Energy Management specialises in oil and gas exploration, production, and development.
Last month, the manager announced the closing of a $1bn recapitalisation of GulfTex Energy V into GulfTex Energy VI. The transaction was led by Endurance Investment Partners, with additional commitments from GulfTex Management, PGIM Energy Partners, and other minority partners.
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