News & Analysis

TCDRS approves $250m in commitments

The US public pension has backed two North American debt vehicles in its latest round of commitments.

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Institution: Texas County and District Retirement System
Headquarters: Austin, US
AUM: $38.1 billion
Allocation to alternatives: 50.9%

Texas County & District Retirement System has approved $250 million-worth of commitments across two direct lending platforms, according to the pension fund’s recent investment activity reported on its website.

The commitments comprise $150 million to AG Essential Housing Fund II, and $100 million to Hayfin Capital Management‘s debut Healthcare Opportunities Fund.

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