The Texas County & District Retirement System in Austin has added $471 million to a wide swath of alternative investment funds since mid-October, public records show.
The $30 billion pension fund uses Cliffwater as a consultant and has been active in the direct lending and private equity space this year and is even considering some investments in hedge funds according to recent board meeting minutes.
Within direct lending, the Blackstone Real Estate and Debt Strategies IV fund received a $150 million commitment in October. The offering is focused on U.S. debt investments and . . .
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.