Texas Teachers approves $100m commitment

The US public pension has backed a buyout fund.

-

Teacher Retirement System of Texas has approved a $100 million commitment to Abraaj Private Equity Fund VI.

The $146 billion US public pension has a 13 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.