Institution: Employees Retirement System of Texas
Headquarters: Austin, US
AUM: $28.30 billion
Allocation to alternatives: 30.0%
Employees Retirement System of Texas has confirmed $215 million-worth of private equity commitments to three vehicles, a contact at the pension informed Private Equity International.
The $28.30 billion US public pension has a 13.0 percent target allocation to private equity that currently stands at 15.35 percent.
As illustrated below, the pension fund’s recent commitments are to funds focused on the financial services, consumer goods, technology, healthcare and industrial sectors within the North America and Europe regions.
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