The $167.2 billion Texas Teacher Retirement System, Austin, committed $100 million to Invesco Real Estate Asia Fund IV, a transaction report showed.
The fund is managed by Invesco Real Estate, an existing manager. The fund's portfolio managers will seek opportunistic real estate deals in Australia, China and Japan.
The Invesco allocation from the fund's $21.7 billion real estate portfolio was TRS's only commitment to an alternative investment fund in February.
Including the Invesco commitment, TRS investment officers committed a total of $350 million to three real estate funds through Feb. 29.
