Texas Teacher Retirement System, Austin, committed a total of nearly $1.1 billion to seven private investments in July, a transaction report showed.
In real assets, the $132.4 billion pension fund committed $250 million each to real estate managers Divco West Real Estate Services and Hunt Investment Management.
Divco will manage the DW NP Holdings separate account in opportunistic U.S. real estate, according to the report. Hunt will run the Pecos Partners separate account as a U.S. real assets special situations strategy.
The pension fund also committed $167 million to Tristan Capital Partners' European Property Investors Special Opportunities 4, which invests in value-added real estate properties in developed European countries.
In private equity, the report — provided by pension fund spokeswoman Juliana Fernandez Helton — showed Texas TRS committed: $165 million to CEP IV Dollar Feeder, a developed markets international smidcap buyout fund managed by Carlyle Group; $150 million to TA XII, a U.S. buyout and growth fund managed by TA Associates; and $50 million to Abraaj Global Growth Markets Strategic Fund, an emerging markets buyout and growth fund managed by The Abraaj Group.
The pension fund also committed $50 million to Dyal Capital Partners III Co-Invest Horizon (U.S.), a smidcap buyout fund managed by Neuberger Berman.