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Texas Perm Fund to Assess RE Market


The Texas State Board of Education (SBOE) is gearing up to receive information from firm's interested in managing a real estate portfolio for the $17.5 billion Texas Permanent School Fund (TPSF), IMW has learned. At its meeting last month, the board approved the issuance of an RFQ for real estate investment services. Interested firms must have a minimum of $200 in assets under management to be eligible, according to the minutes of the May 22 meeting. Investments…

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