ERS Texas approves $30m commitment

The US public pension has backed a North American private debt fund.

Institution: Employees Retirement System of Texas
Headquarters: Austin, US
AUM: $27.10 billion
Allocation to alternatives: 30.2%

Employees Retirement System of Texas has agreed to commit $30 million to KSL Capital Partners Credit Opportunities Fund III, a contact at the pension informed Private Debt Investor.

As illustrated below, the pension fund’s recent commitments are to vehicles focused on the corporate and real estate sectors within the Asia-Pacific, Europe and North America regions.

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