TCDRS approves $50m commitment increase

The US public pension has increased its North America-focused separate account commitment.

Texas County and District Retirement System has increased its commitment to Beach Point TX SCF – Separate Account by $50 million, bringing the overall commitment to the separate account to $300 million.

The $30 billion US public pension has a 16 percent target allocation to private equity that currently stands at 12.1 percent.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.