- Name: Texas Permanent School Fund
- HQ: Austin, US
- AUM: $42.57 billion
- Allocations to private debt: 7%
Texas Permanent School Fund (TPSF) has confirmed a $50 million commitment to Berkshire Bridge Loan Investors-MF1 III, according to its meeting material.
Established in 1966, Berkshire Residential Investments is a Massachusetts-based firm that specialises in providing equity and debt investment solutions in residential properties across the US.
The Berkshire Bridge Loan Investors-MF1 III provides debt in North America across the real estate sector. TPSF has a 7 percent allocation to private debt, which comprises $2.98 billion in capital.
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