Searches and Hires

Texas Teachers assigns $150 million to PCCP real estate fund

Texas Teacher Retirement System, Austin, approved a commitment of $150 million to PCCP Equity VIII, a U.S. middle-market real estate investment fund.

The commitment was made in April, confirmed Rhonda Price, spokeswoman for the $146 billion pension fund.

TRS previously committed $150 million to PCCP Equity VII and $50 million to PCCP Clipper Venture I in 2015.