Texas Municipal Retirement System has approved buyout fund commitments of $200 million to H.I.G. Strategic Partners Fund and $100 million to its co-investment and of €45 million to CapVest Equity Partners IV.
The $28 billion US public pension has a 5 percent target allocation to private equity that currently stands at 1.2 percent.
Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.
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