TCDRS approves $65m commitment

The US public pension has backed a North America-focused fund.

Texas County and District Retirement System has approved a $65 million commitment to Riverside Micro-Cap Fund V.

The $30 million US public pension has a 16 percent target allocation to private equity that currently stands at 12.85 percent.

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