Texas Teacher Retirement System, Austin, committed a total of $800 million to three alternative investment strategies in February, a transaction report for the $125 billion pension fund showed.
In real estate, it committed $300 million to Blackstone Real Estate Partners Europe V, managed by Blackstone Group to invest opportunistically in properties in developed eurozone countries.
The pension fund also committed $200 million to Invesco U.S. VA Parallel Fund IV-2, a separate account for investment in value-added U.S. properties.
In private equity, TRS committed $300 million to Green Equity Investors VII, which will focus on small- to midsized U.S. buyout deals and is managed by Leonard Green & Partners.
