Texas County & District Retirement System, Austin, committed $50 million to Starwood Opportunity Fund X Global, a transaction report on the $23 billion pension fund’s website said.
The real estate fund is managed by Starwood Capital Group.
Year-to-date through June 20, TCDRS has committed a total of $593 million to 17 private equity, venture capital, real estate, distressed debt and energy funds.
Other real estate commitments so far this year include $50 million each to Carlyle Realty Partners VII and BPE Asia Real Estate Fund, the report said.