T
exas Teachers Retirement System (TTRS) announced $400 million of new real‑estate commitments. The $209.5 billion pension fund’s first allocation was $250 million to Havenpark Management’s Mustang MHC Properties, with a second $150 million co‑investment in DivCore Fund VII, a value‑add U.S. real‑estate vehicle run by DivcoWest. Havenpark, a manufacturer‑housing operator, did not comment. TTRS expects the Havenpark capital to be deployed across core assets. In July, the fund also approved a $75 million commitment to DivCore Fund VII, which seeks $1.5 billion for office, industrial, residential and data‑centre assets. Additional infrastructure, energy and natural‑resource deals include $75 million to the Rio Toro partnership with Riverbend Energy Group; $25 million to Ancala Fund III (which raised €1.4 billion and targets renewable energy, energy transition, transport, utilities and the circular economy); and $24.4 million to the PCIP I ML co‑investment with Pennybacker Capital Management. Read the latest IPE Real Assets magazine here.