Texas County & District Retirement System, Austin, committed an additional $50 million to Starwood Global Opportunity Fund XI, a transaction report showed.
The commitment was made Monday. The $28.6 billion pension fund initially committed $50 million to the real estate fund on Sept. 15, 2016.
In 2014, TCDRS committed $50 million to the previous real estate fund in the series managed by Starwood Capital Group as well as $40 million to Starwood Distressed Opportunity Fund IX.
TCDRS has committed a total of $382 million to real estate funds so far in 2017, Including the most recent commitment to Starwood's 11th global opportunity fund.