Searches and Hires

Texas County & District slates $50 million for Harrison Street Real Estate

Texas County & District Retirement System, Austin, committed $50 million to Harrison Street Real Estate Partners VII, a transaction report showed.

Previously, the $30.2 billion pension fund committed $50 million to the sixth fund and $40 million to the fifth fund in the real estate fund series managed by Harrison Street Real Estate Capital.

The manager's focus in these funds is the acquisition of properties in the education, health-care and storage sectors in the U.S.

Earlier in the month, fund investment managers allocated €85 million ($97 million) to Aermont Capital Real Estate Fund IV and $75 million to Carmel Partners Investment Fund VII.

Year-to-date through Aug. 22, TCDRS has committed a total of $397 million to five real estate strategies. In 2017, the fund committed a total of $374 million to five strategies, transaction reports showed.