Texas retirement fund to inject $75m in Everstone-backed IndoSpace fund

A man offering his services as a road guide stands outside of a logistics park in Chengdu, China, on Tuesday, April 11, 2017. Photographer: Qilai Shen/Bloomberg

Employees Retirement System Of Texas, a public pension fund with more than $21 billion in assets under management, has committed about $75 million to IndoSpace Logistics Parks III, the third fund from Mumbai-based industrial real estate investor IndoSpace Logistics Parks, one person directly aware of the development said.

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