Texas County commits $85m to Signal Capital Partners fund

The system's private debt asset class is its second largest behind public equities.

Institution: Texas County and District Retirement System
Headquarters: Austin, United States
AUM: $29.06 billion
Allocation to alternatives: 46.7%

Texas County and District Retirement System pledged up to $85 million to Signal Alpha II Fund, according to information on its website from its September 2020 board meeting.

Signal Capital Partners’ second Alpha fund is targeting €1 billion and primarily invests in Europe. The private debt asset class is 23.9 percent of the system’s $29.06 billion portfolio

As illustrated below, Texas County and District Retirement System mostly invests in North American funds.

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