TCDRS approves $80m in commitments

The US public pension has backed two North America-focused funds.

Texas County and District Retirement System has approved a $55 million commitment to Khosla Ventures VI and $25 million to Khosla Ventures Seed D.

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

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