Institution: Tennessee Consolidated Retirement System
Headquarters: Nashville, US
AUM: $60.63 billion
Allocation to alternatives: 17.1%
Tennessee Consolidated Retirement System committed $392.5 million across two private debt vehicles at its April 2021 investment committee meeting, a contact at the pension informed Private Debt Investor.
As illustrated below, the pension’s recent private debt commitments have been primarily to North American vehicles focused on the corporate sector. TCRS allocates 17.1 percent of its full investment portfolio to alternative investments.
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