Texas Teachers commits $465 million total to opportunistic real estate

Texas Teacher Retirement System, Austin, committed a total of $465 million to three opportunistic real estate strategies in January.

The $129 billion pension fund committed $200 million each to Carlyle Realty Partners VII, managed by Carlyle Group, and Westbrook Real Estate Fund X, managed by Westbrook Partners, said Juliana Fernandez Helton, a TRS spokeswoman, in an e-mail.

An additional $65 million was committed to SCG TMI Co-invest, managed by Starwood Capital Group.

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