TCDRS approves $100m commitment

The US public pension has backed a North American private equity fund.

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 has agreed to commit $100 million to Atalaya Asset Income Fund V, according to the pension’s July 2020 meeting minutes.

The $29.06 billion US public pension has a 20 percent target allocation to private equity that currently stands at 19.4 percent.

As illustrated below, the pension fund’s recent commitments are to funds focused on the biotechnology and life sciences sectors within the North America region.

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