Institution: Texas County and District Retirement System
Headquarters: Austin, United States
AUM: $32.11bn
Allocation to alternatives: 39.31%
Bitesize: $50-100m
Texas County and District Retirement System has agreed to commit $125 million to Blackstone Life Sciences V, according to the pension’s December 2019 investment news.
The $32.11 billion US public pension has an 18.0 percent of target allocation to private equity that currently stands at 15.99 percent.
As illustrated below, TCDRS has made several commitments to private equity funds with a 2019 vintage, which combined constitute $2.04 billion.
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