Pension fund among investors in value-added debt strategy. : Employees Retirement System of Texas has made a $100m (€84.5m) commitment to the Latitude Management Real Estate Capital IV, a real estate debt fund. With this commitment, most of the capital raise for the $250m fund has now been accounted for, according to the pension fund. The other major commitments were $75m from Pennsylvania Public School Employees Retirement System and $50m from the Ohio Bureau of Workers Compensation Fund. The fund has a value-add debt strategy and will target assets that can be improved under new ownership.