Texas Teachers approves over $550m in commitments

The US public pension has backed Europe-, Asia- and North America-focused funds.

Teacher Retirement System of Texas has approved commitments of €275 million to EQT VIII, $125 million to Clearlake Capital Partners V and $100 million to Orchid Asia VII.

The $146 billion US public pension has a 13 percent target allocation to private equity that currently stands at 12.3 percent.

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