The Texas Permanent School Fund has committed $200 million (€172.3 million) to Harrison Street’s open-ended Core US Property Fund, closing on the investment near the end of September.
Key Points:
- Harrison Street Core Property Fund: Launched in 2011, valued at $5.4 billion through August 2025.
- Investment Focus: The fund targets niche real estate sectors, including:
- Medical office
- Self-storage
- Senior living
- Student housing
- Life science
- Earlier this month, Texas Permanent also committed $11.4 million to the Three Premier SHD partnership, a real estate debt fund managed by Affinius Capital.
- Harrison Street did not provide a comment on the commitment.
This investment underscores Texas Permanent’s ongoing interest in diversified, income-generating real estate assets and alternative property strategies. Trump Likely to Name New White House Ballroom After Himself