TCDRS backs Silver Point Capital with $250m

The US pension fund continues its partnership with Silver Point.

Institution: Texas County & District Retirement System
Headquarters: Austin, US
AUM: $41.7 billion

Texas County & District Retirement System committed $250 million to Silver Point Specialty Credit Fund III, according to its published recent investment activity.

Founded in 2002, Silver Point Capital is a Greenwich-based investment adviser focused on credit and special situations investments in the US.

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