Texas TRS commits $475m to three real estate vehicles in March

4/8/2025

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IREI

• Subcategory: Capital Markets: Fund

• Tag: Investment

• Additional Filters-Subcategory: Capital Markets: Fund-Opportunistic

• Company: Greystar, GCM Grosvenor (Nasdaq: GCMG), Teacher Retirement System of Texas (TRS)

The Teacher Retirement System of Texas (TRS) has committed $475 million to real estate in March, according to investment records.

1SP Seeding and Strategic Capital Fund III, a vehicle of 1 Seed Partners, is an opportunistic fund focused on opportunities in the United States. This fund received $100 million, as of March 17.

Greystar GEPA CoInvest II, a program of Greystar Asia Pacific Sub-Manager, utilizes a value-add approach. The fund received $25 million and targets global opportunities.

GCM Grosvenor’s GCM Real Estate Strategic Platform Investments is an opportunistic fund that received $350 million on March 26, with a focus on the United States.