<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13g" xmlns:ns1="http://www.sec.gov/edgar/common">
  <headerData>
    <submissionType>SCHEDULE 13G/A</submissionType>
    <previousAccessionNumber>0001483260-25-000002</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0001483260</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>1</amendmentNo>
      <securitiesClassTitle>Common Stock, par value $0.001 per share</securitiesClassTitle>
      <eventDateRequiresFilingThisStatement>08/27/2025</eventDateRequiresFilingThisStatement>
      <issuerInfo>
        <issuerCik>0001630472</issuerCik>
        <issuerName>TPG RE Finance Trust, Inc.</issuerName>
        <issuerCusip>87266M107</issuerCusip>
        <issuerPrincipalExecutiveOfficeAddress>
          <ns1:street1>C/O TPG CAPITAL, L.P.</ns1:street1>
          <ns1:street2>345 CALIFORNIA STREET, SUITE 3300</ns1:street2>
          <ns1:city>SAN FRANCISCO</ns1:city>
          <ns1:stateOrCountry>CA</ns1:stateOrCountry>
          <ns1:zipCode>94104</ns1:zipCode>
        </issuerPrincipalExecutiveOfficeAddress>
      </issuerInfo>
      <designateRulesPursuantThisScheduleFiled>
        <designateRulePursuantThisScheduleFiled>Rule 13d-1(b)</designateRulePursuantThisScheduleFiled>
      </designateRulesPursuantThisScheduleFiled>
    </coverPageHeader>
    <coverPageHeaderReportingPersonDetails>


      <reportingPersonName>State of New Jersey Common Pension Fund E</reportingPersonName>
      <citizenshipOrOrganization>X1</citizenshipOrOrganization>
      <reportingPersonBeneficiallyOwnedNumberOfShares>
        <soleVotingPower>0</soleVotingPower>
        <sharedVotingPower>0</sharedVotingPower>
        <soleDispositivePower>0</soleDispositivePower>
        <sharedDispositivePower>0</sharedDispositivePower>
      </reportingPersonBeneficiallyOwnedNumberOfShares>
      <reportingPersonBeneficiallyOwnedAggregateNumberOfShares>0</reportingPersonBeneficiallyOwnedAggregateNumberOfShares>
      <aggregateAmountExcludesCertainSharesFlag>N</aggregateAmountExcludesCertainSharesFlag>
      <classPercent>0</classPercent>
      <typeOfReportingPerson>EP</typeOfReportingPerson>
      <comments>EP This Schedule 13G is filed by the State of New Jersey Common Pension Fund E (the "Fund").The Fund is one of several common trust funds established pursuant to New Jersey State law for the purpose of investing the assets of all or a portion of the seven State pension funds. The fund is managed by the Division of Investment, Department of the Treasury, State of New Jersey under the
supervision of the State Investment Council ("Council'). Investment authority for the fund is vested in the Director of the Division of Investment, who is appointed by the State Treasurer of the State of New Jersey from candidates nominated by the Council.</comments>
    </coverPageHeaderReportingPersonDetails>
    <items>
      <item1>
        <issuerName>TPG RE Finance Trust, Inc.</issuerName>
        <issuerPrincipalExecutiveOfficeAddress>C/O TPG CAPITAL, L.P., 345 CALIFORNIA STREET, SUITE 3300, SAN FRANCISCO, CALIFORNIA
94104</issuerPrincipalExecutiveOfficeAddress>
      </item1>
      <item2>
        <filingPersonName>State of New Jersey Common Pension Fund E</filingPersonName>
        <principalBusinessOfficeOrResidenceAddress>50 West State Street 9th Floor
PO Box 290
Trenton, New Jersey
08625</principalBusinessOfficeOrResidenceAddress>
        <citizenship>State of New Jersey Common Pension Fund E - UNITED STATES</citizenship>
      </item2>
      <item3>
        <notApplicableFlag>N</notApplicableFlag>
        <typeOfPersonFiling>EP</typeOfPersonFiling>
      </item3>
      <item4>
        <amountBeneficiallyOwned>0</amountBeneficiallyOwned>
        <classPercent>0</classPercent>
        <numberOfSharesPersonHas>
          <solePowerOrDirectToVote>State of New Jersey Common Pension Fund E - 0</solePowerOrDirectToVote>
          <sharedPowerOrDirectToVote>State of New Jersey Common Pension Fund E - 0</sharedPowerOrDirectToVote>
          <solePowerOrDirectToDispose>State of New Jersey Common Pension Fund E - 0</solePowerOrDirectToDispose>
          <sharedPowerOrDirectToDispose>State of New Jersey Common Pension Fund E - 0</sharedPowerOrDirectToDispose>
        </numberOfSharesPersonHas>
      </item4>
      <item5>
        <notApplicableFlag>N</notApplicableFlag>
        <classOwnership5PercentOrLess>Y</classOwnership5PercentOrLess>
      </item5>
      <item6>
        <notApplicableFlag>Y</notApplicableFlag>
      </item6>
      <item7>
        <notApplicableFlag>Y</notApplicableFlag>
      </item7>
      <item8>
        <notApplicableFlag>Y</notApplicableFlag>
      </item8>
      <item9>
        <notApplicableFlag>Y</notApplicableFlag>
      </item9>
      <item10>
        <notApplicableFlag>N</notApplicableFlag>
        <certifications>By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.</certifications>
      </item10>
    </items>
    <signatureInformation>
      <reportingPersonName>State of New Jersey Common Pension Fund E</reportingPersonName>
      <signatureDetails>
        <signature>/s/Shoaib Khan</signature>
        <title>Shoaib Khan - Director</title>
        <date>10/16/2025</date>
      </signatureDetails>
    </signatureInformation>
  </formData>
</edgarSubmission>
