Texas Teachers approves $200m commitment

The US public pension has backed a real assets special situations fund.

Teacher Retirement System of Texas made one private debt fund commitment in January 2018: contributing up to $200 million to Square Mile Tactical Partners II-A, a real assets special situations vehicle focused on the US market.

The $146 billion US public pension allocates 1.6 percent of its portfolio to private debt investments and 14 percent to real estate.

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