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Justin Mitchell

The firm focuses exclusively on software companies, a sector seeing very positive headwinds amid the covid crisis.
The fund was launched last November, and has already attracted a commitment from Texas Teachers, among others.
CIO Jim Grossman told the $63bn pension's board that staff would focus on slower private equity pacing to reduce its allocation for now.
CenterOak Partners, Brazos Private Equity, private equity, fundraising
The new fund is hitting the market less than two years after its last one, amid positive headwinds for its sector focuses.
Wayne Moore also requested that staff and J.P. Morgan, which runs the private equity emerging manager program, provide more information about the demographic make-up of the program's managers.
The fund was launched in November and already has commitments from pension systems in Virginia and Ohio.
Many LPs upped their PE allocations in 2020, but there were some notable exceptions, too.
2020 was a volatile year for the system, with the sudden resignation of the fund's CIO and antagonism between staff and the board -- an environment that shed little light on the future direction for the pension's private equity program.
The study from MJ Hudson is based on funds in the asset management consultancy's database.
The firm closed its first fund in June on about $465m, and plans to raise Fund II through the end of next year.

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