The $30 billion Texas County & District Retirement System made another private equity commitment to The Column Group on December 12 totaling $30 million.
The investment is in the San Francisco-based venture capital firm’s Column Group IV fund. The retirement system previously invested in the Column Group III offering in April 2016, also with a $30 million commitment. The biotech venture capital firm focuses on innovative drug discovering companies and has raised well over $1 billion since its inception in 2007.
Overall, private equity investing remained brisk in 2019 at the pension fund . . .
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