Updated with correction
The $32.4 billion Texas County & District Retirement System, Austin, made its first commitment of 2021 from its $1.1 real estate portfolio, a transaction report showed.
The system's real estate team earmarked $45 million to Roxborough Fund III, an opportunistic fund, run by The Roxborough Group, a new manager for TCDRS.
In 2020, the system committed $145 million to one real estate strategy, a transaction report showed.
