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Texas Teachers Adds $660M To Real Estate And Infrastructure Funds | News | Ipe Ra

by realassets.ipe.com posted 1week ago 7 views
Lone Star’s Real Estate Partners VI gets $300m, Residential Mortgage II gets $200m. : Teacher Retirement System of Texas (TRS) has approved around $660m (€590m) worth of new commitments to real estate and infrastructure funds. The $153bn pension fund said it had committed $300m and $200m to Lone Star’s Real Estate Partners VI and Residential Mortgage Fund II funds, respectively. Lone Star is seeking a $3bn for Real Estate Partners VI. The fund will make debt and equity investments in Western Europe, North America and Asia. Residential Mortgage Fund II will target residential mortgage loans and related investments in the US.

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