The $27 billion Employees Retirement System of Texas unveiled its plans to boost allocations in equity long/short, opportunistic credit and relative value strategies alongside new private equity investments over the next 12 months at an August trustee meeting.
This is on top of previous tactical plans to add capital to private real estate and infrastructure assets, approved in May. In total, the new alternative investment allocations could total as much as $1.8 . . .
Continue Reading
Unlock this article instantly, along with the rest of our premium content and daily, weekly and monthly newsletters. We offer pay-as-you-go monthly subscriptions and discounted annual subscriptions with additional benefits: access to Alternatives Watch Research articles and our Annual Investor Compendium.
