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 $38.1 billion US pension fund has a private debt target allocation of 29 percent, which stands at 24.1 percent.
The recent fund commitments by TCDRS have predominantly targeted North American corporate and real estate lending strategies.
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