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Teacher Retirement System of Texas to invest €100M in EQT Real Estate fund

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Teacher Retirement System of Texas to invest €100M in EQT Real Estate fund

The Teacher Retirement System of Texas is investing €100 million in a real estate fund of global investment firm EQT, IPE Real Assets reported.

The pension fund confirmed to the news outlet that it is injecting the amount into EQT Real Estate's EQT Real Estate II fund and an additional €150 million in co-investment capital.

The investment with EQT is part of the approximately $1 billion in real estate commitments recently approved by the pension fund.

The news outlet could not obtain a comment from EQT on the matter.