Institution: Texas Municipal Retirement System
Headquarters: Austin, US
AUM: $35.2 billion
Texas Municipal Retirement system confirmed a commitment of $120 million to Gamut Investment Fund II and a further $60 million via a co-investment vehicle, according to its September board meeting materials.
Founded in 2015, Gamut Capital Management is a mid-market focused private equity firm based in New York City. Gamut Capital Management held its final close of the previous fund in this series, Gamut Investment Fund I, at $1 billion.
TMRS’ recent commitments have tended to focus on funds that invest across North America.
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