The pension fund has already invested $350m into two other Square Mile strategies this year. :
Teacher Retirement System (TRS) of Texas said it has approved a $200m (€174m) commitment to US real estate debt fund Square Mile PE Partners A. Square Mile Capital, the fund manager, is known for investing in real estate debt and credit situations. TRS of Texas, a $150bn pension fund, is classifying it as a special situations investment and will form part of its real assets portfolio.