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Texas Employees approves $100m commitment

The US public pension has backed an Asia-focused fund.

Employees Retirement System of Texas has approved a $100 million commitment to TPG Asia VII.

The $27.5 billion US public pension has a 12 percent target allocation to private equity that currently stands at 12.3 percent.

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