Texas Employees increases PE commitment pace

The Texas pension's private equity target commitment pace is now between $600m and $1.45bn.

Employees Retirement System of Texas has increased its target private equity commitment pace to up to $1.45 billion in the fiscal year ending August 31, 2018.

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

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