Texas Municipal Retirement System, Austin, committed a total of $250 million to three real estate funds, confirmed spokesman Bill Wallace.
The $20.8 billion pension fund committed $100 million to Invesco U.S. Core Income Fund, a core open-end fund, and $75 million each to AbaCore I, a core closed-end fund managed by Abacus Capital Group, and Lubert-Adler Fund VII, an opportunistic closed-end fund.
It previously committed $50 million to Abacus Multi-Family Partners II; it is the pension fund's first commitment to the other two managers.