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Section 1: SC 13G (TPG RE FINANCE TRUST, INC. - SCHEDULE 13G)




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, 2017
(Date of Event which Requires Filing of this Statement)

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

	[_]  Rule 13d-1(b)

	[  ]  Rule 13d-1(c)

	[X]  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 Treasurer of the State 
of Michigan, Custodian of Michigan Public School 
Employees? Retirement System, State Employees? Retirement 
System, Michigan State Police Retirement System, and 
Michigan Judges 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)

8.09%* 
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 Treasurer of the State of 
Michigan, Custodian of Michigan Public School Employees? 
Retirement System, State Employees? Retirement System, 
Michigan State Police Retirement System, and Michigan 
Judges 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:  8.09% 
 (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 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, collectively the State of 
Michigan Retirement System or the SMRS. The State 
Treasurer and his or her investment personnel are 
investment fiduciaries for each of the retirement 
systems.  See Michigan Public School Employees? 
Retirement Systems (1980 PA 300, MCL 38.1301 et seq), 
State Employees? Retirement System (1983 PA 240, MCL 38.1 
et seq), Michigan State Police Retirement System (1986 PA 
182, MCL 38.1601 et seq), and Michigan Judges Retirement 
System (1992 PA 234, MCL 38.2101 et seq).  MCL ? 
38.1132c(1)(a).  The Bureau of Investments acts as the 
arm of the State Treasurer and invests on behalf of the 
SMRS. See Executive Organization Act of 1965, 1965 PA 
380, MCL 16.191.  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 March 1, 2015. 
Each of the individual retirement systems are tax 
qualified as a pension trust under Sections 401(a) and 
501(a) of the Internal Revenue Code. 
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: February 1, 2018

State Treasurer of the State of Michigan, Custodian of Michigan 
Public School Employees? Retirement System, State Employees? 
Retirement System, Michigan State Police Retirement System, and 
Michigan Judges Retirement System
/s/ Robert Brackenbury
Name: Robert Brackenbury
Title: Deputy Chief Investment Officer
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 59,618,302 shares of Common Stock outstanding 
as of November 3, 2017, as reported in the Issuer?s Quarterly Report 
on Form 10-Q filed with the Securities and Exchange Commission on 
November 6, 2017. 
 
 
 
 
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