Institution: Teacher Retirement System of Texas
Headquarters: Austin, US
AUM: $179.7 billion
Allocation to private equity: 17.19%
The Teacher Retirement System of Texas has unveiled $299.4 million in commitments to private equity.
The pension fund’s largest commitment was $175 million to TA XV-A, a fund managed by TA Associates. Sherman Opportunity fund, managed by Valeas Capital, received $50 million.
TRS also made a $49.4 million commitment to Hg Mercury 4 A, a European buyout fund, alongside $25 million to GC Venture XI, a venture capital fund in North America.
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