The Texas County & District Retirement System (TCDRS) in Austin continues to build upon its diverse alternative investment portfolios with the latest allocations being made in direct lending and private equity portfolios.
On January 17, officials made a $167 million commitment to Intermediate Capital Group’s ICG Private Markets Fund SCSp SICAV-RAIF – ICG Sale and Leaseback I within the pension system’s direct lending portfolio.
The $30 billion TCDRS last month allocated to Antares Capital within the direct lending portfolio and in 2019, officials made nearly $900 million in investments in the niche debt . . .
Unlock this article instantly, along with the rest of our premium content and benefits including daily/weekly/monthly newsletters.