TMRS invests US$200 M in Harrison Street Social Infrastructure Fund
Date
March 15, 2019
Type
Funds & Investments
Subtype
Fund investor announced
Countries
(USA) United States of America
Subsectors
Education
Hospital & Healthcare
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The Texas Municipal Retirement System has announced its US$200 million investment in a new social infrastructure fund from a Chicago-based investment management firm, Harrison Street Real Estate Capital.
The Harrison Street Social Infrastructure Fund is an open-ended fund that will invest in social infrastructure assets throughout the United States.
The fund will focus on education, healthcare, government, and utility sectors, seeking gross returns of 8% to 11%.
