Institution: Teacher Retirement System of Texas
Headquarters: Austin, US
AUM: $148.08 billion
Allocation to alternatives: 34.0%
Teacher Retirement System of Texas has agreed to commit $200 million to Silver Lake Partners VI and $19.95 million to Diamondleaf Co-Investment Partners managed by Clearlake Capital, a contact at the pension informed Private Equity International.
The $148.08 billion US public pension has a 14.0 percent target allocation to private equity that currently stands at 14.7 percent.
As illustrated below, the pension fund’s recent commitments are to funds focused on the technology sector within the Asia-Pacific, North America and Europe regions.
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