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Texas pension fund to invest $200M in Square Mile Capital real estate debt fund

The Teacher Retirement System of Texas agreed to invest $200 million in Square Mile Capital Management LLC's U.S. property debt fund Square Mile PE Partners A, IPE Real Assets reported.

The pension fund is classifying the commitment as a "special situations investment" that will form part of its real assets portfolio, according to the publication.

Square Mile did not comment on the matter, the publication added.