Teachers’ Retirement System of the State of Illinois (TRS Illinois) has approved commitments to real estate funds managed by Tristan Capital Partners and Rockpoint Group.
The pension fund said it has approved a €100m commitment to Tristan European Property Investors Special Opportunities (EPISO) 6 and has also backed the Rockpoint Real Estate Fund VII fund with a $150m (€132.4m) commitment.
Tristan Capital, which is reportedly seeking to raise €2.5bn for EPISO 6, raised €1.7bn in 2019 for EPISO 5to invest in a mixture of office, logistics, retail and residential assets in western and central Europe.
Tristan Capital did not respond to a request for comment.
It is currently unknown how much capital Rockpoint intends to raise for its US fund.
The manager’s previous fund raised $3.8bn at its close in June 2020 to target office, hotel and residential real estate investment opportunities.
Rockpoint declined a request for comment.
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