Institution: Texas County and District Retirement System
Headquarters: Austin, US
AUM: $42 billion
Allocation to alternatives: 52.6%
Texas County and District Retirement System has approved $163.4 million in commitments across two private equity funds, according to the pension’s recent investment activity.
TCDRS’s current allocation to private equity sits at 21.7 percent, under its 25 percent target allocation. As illustrated below, the US public pension’s recent private equity commitments have concentrated on venture capital and buyout vehicles in North America.
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