TRS has added to its European infrastructure exposure by way of a $150m commitment into the InfraVia European Fund V fund. The pension fund also said it has made a $50m commitment to Pennybacker Income & Growth, a US value-add real estate fund. TRS said it also invested $100m into the Oaktree Power Opportunities Fund VI fund.
TRS said it has also approved a $37.7m commitment to the Apollo European Principal Finance Fund III, Apollo’s previous fund, invested in hospitality and residential real estate non-performing loans, alongside servicing and lending platforms, consumer loans, distressed shipping loans and small-to-medium-enterprise loans. The fund’s focused on the UK, Ireland, Spain, Germany and Italy.
Divco DevCo Assembly Row investment. The capital will be invested in an opportunistic life science property that is part of the Assembly Row mixed-use project located in the Boston suburb of Somerville, Massachusetts. Fundraising details of the latest fund is currently unknown.
To read the latest edition of the latest IPE Real Assets magazine click here.
The News Highlights
- Texas TRS Supports Apollo’s Leading European Financial Fund | News
- Check the latest News news updates and information about business, finance and more.
For Latest News Follow us on Google News
- Show all
- Trending News
- Popular By week