Sec Form 13G Filing - STATE OF MICHIGAN RETIREMENT SYSTEM filing for TPG RE FIN TR INC (TRTX) - 2021-01-19

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G

Under the Securities Exchange Act of 1934


TPG RE Finance Trust, Inc.
(Name of Issuer)
Common Stock, $0.001 par value per share
(Title of Class of Securities)
87266M107
(CUSIP Number)
December 31, 2020
(Date of Event which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to
which this Schedule is filed:

	[X]  Rule 13d-1(b)

	[ ]  Rule 13d-1(c)

	[ ]  Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a
reporting person?s initial filing on this form with respect to
the subject class of securities, and for any subsequent
amendment containing information which would alter the
disclosures provided in a prior cover page.

The information required in the remainder of this cover page
shall not be deemed to be ?filed? for the purpose of Section 18
of the Securities Exchange Act of 1934 (?Act?) or otherwise
subject to the liabilities of that section of the Act but shall
be subject to all other provisions of the Act (however, see the
Notes).



SCHEDULE 13G
CUSIP
No.
87266M107

1
Names of Reporting Persons: State of Michigan Retirement System


2
Check the appropriate box if a member of a Group (see
instructions)

(a)  [ ]
(b)  []
3
Sec Use Only


4
Citizenship or Place of Organization

Michigan
Number of
Shares
Beneficially
Owned by Each
Reporting
Person With:

5
  Sole Voting Power


  4,824,242

6
  Shared Voting Power


  0

7
  Sole Dispositive Power


  4,824,242

8
  Shared Dispositive Power


  0
9
Aggregate Amount Beneficially Owned by Each Reporting
Person

4,824,242
10
Check box if the aggregate amount in row (9) excludes
certain shares (See Instructions)

[ ]
11
Percent of class represented by amount in row (9)

6.28%*
12
Type of Reporting Person (See Instructions)

EP



Item 1.
(a)	Name of Issuer: TPG RE Finance Trust, Inc.
(b)	Address of Issuer?s Principal Executive Offices: 888 7th
Avenue, 35th Floor, New York, NY 10106
Item 2.
(a)	Name of Person Filing: State of Michigan Retirement System
(b)	Address of Principal Business Office or, if None,
Residence:  2501 Coolidge Road Suite 400 East Lansing, MI
48823
(c)	Citizenship:	Michigan, United States
(d)	Title and Class of Securities: Common Stock
(e)	CUSIP No.:	87266M107
Item 3. 	If this statement is filed pursuant to ?? 240.13d-1(b)
or 240.13d-2(b) or (c), check whether the person filing
is a:
(a)	[_]	Broker or dealer registered under Section 15 of
the Act;
(b)	[_]	Bank as defined in Section 3(a)(6) of the Act;
(c)	[_]	Insurance company as defined in Section 3(a)(19)
of the Act;
(d)	[_]	Investment company registered under Section 8 of
the Investment Company Act of 1940;
(e)	[_]	An investment adviser in accordance with Rule
13d-1(b)(1)(ii)(E);
(f)	[x_]	An employee benefit plan or endowment fund in
accordance with Rule 13d-1(b)(1)(ii)(F);
(g)	[_]	A parent holding company or control person in
accordance with Rule 13d-1(b)(1)(ii)(G);
(h)	[_]	A savings associations as defined in Section 3(b)
of the Federal Deposit Insurance Act (12 U.S.C.
1813);
(i)	[_]	A church plan that is excluded from the
definition of an investment company under section
3(c)(14) of the Investment Company Act of 1940;
(j)	[_]	A non-U.S. institution in accordance with Rule
240.13d-1(b)(1)(ii)(J);
(k)	[_]	Group, in accordance with Rule 240.13d-
1(b)(1)(ii)(K). If filing as a non-U.S.
institution in accordance with Rule 240.13d-
1(b)(1)(ii)(J), please specify the type of
institution: ____
Item 4.	Ownership
(a)	Amount Beneficially Owned:  	 4,824,242
 (b)	Percent of Class:  6.28%
 (c)	Number of shares as to which such person has:
	(i)	Sole power to vote or to direct the vote: 4,824,242
	(ii)	Shared power to vote or to direct the vote: 0
(iii)	Sole power to dispose or to direct the disposition
of: 4,824,242
(iv)	Shared power to dispose or to direct the disposition
of: 0
Item 5.	Ownership of Five Percent or Less of a Class.
If this statement is being filed to report the fact that as
of the date hereof the reporting person has ceased to be
the beneficial owner of more than five percent of the class
of securities, check the following [ ].
Item 6.	Ownership of more than Five Percent on Behalf of Another
Person. Not applicable.
Item 7.	Identification and classification of the subsidiary which
acquired the security being reported on by the parent
holding company or control person. The security was
acquired by the State of Michigan Retirement System (formerly,
the State Treasurer of the State of Michigan, custodian of the
Michigan Public School Employees Retirement System; State
Employees Retirement System; Michigan State Police Retirement
System; and Michigan Judges Retirement System).
The Michigan Department of Treasury Bureau of Investments is
delegated as the investment fiduciary of the State of Michigan
Retirement System. See Executive Organization Act of 1965,
1965 PA 380, MCL 16.191, and MCL 38.1176. Investments are made
in accordance with the parameters and limitations set forth in
the Public Employee Retirement System Investment Act, 1965 PA 314,
MCL 38.1132 et seq; MCL 16.191 and also in accordance with the
Investment Policy Statement for the State of Michigan Retirement
System, last revised November 27, 2018.

Item 8.	Identification and classification of members of the
group. Not applicable.
Item 9.	Notice of Dissolution of Group. Not applicable.
Item 10.	Certifications.


SIGNATURE
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this
statement is true, complete and correct.
Dated: January 19, 2021

State of Michigan Retirement System
/s/ Karl Borgquist
Name: Karl Borgquist
Title: Chief Compliance Officer & General Counsel
The original statement shall be signed by each person on whose
behalf the statement is filed or his authorized representative.
If the statement is signed on behalf of a person by his
authorized representative (other than an executive officer or
general partner of this filing person), evidence of the
representative's authority to sign on behalf of such person
shall be filed with the statement, provided, however, that a
power of attorney for this purpose which is already on file with
the Commission may be incorporated by reference.  The name and
any title of each person who signs the statement shall be typed
or printed beneath his signature.
Attention:  Intentional misstatements or omissions of fact
constitute Federal criminal violations (See 18 U.S.C. 1001).
*The percentage used herein and the rest of this Schedule 13G is
calculated based upon 76,756,761 shares of Common Stock outstanding
as of November 2, 2020, as reported in the Issuer?s Quarterly Report
on Form 10-Q filed with the Securities and Exchange Commission on
November 4, 2020.