Teacher Retirement System of Texas (TRS) in USA has approved investments of US$ 660 million in real asset and infrastructure funds. The TRS will invest US$ 150 million in Blackrock's Global Energy & Power Infrastructure Fund III (GEPIF III).

Along with BlackRock's fund, the TRS has made commitments to invest US$ 300 million and US$ 200 million in Lone Star’s Real Estate Partners VI and Residential Mortgage Fund II funds, respectively.