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Posted on: July 23, 2019, 8:01 a.m.
As previously reported, the fund received $200m from TRS of Texas. : The manager said CBRE US Development Partners 5, which received the capital commitment from repeat investors from the previous funds in the series, exceeded its capital-raising target at close. As previously reported, the fund received $200m from Teacher Retirement System of Texas, as the fund’s first investor. CBRE GI said with total projected development costs of $1.3bn, including leverage, the fund has already invested more than 90% of ... Full investment news articleRelevent to this post: Teacher Retirement System of Texas,