Texas pension ropes in direct lending, PE

Texas County & District Retirement System added four managers to the alternative investment side of its $31 billion investment portfolio in recent weeks, specifically in the areas of direct lending and private equity.

Comvest Partners’ Comvest Credit Partners V will manage $100 million within the direct lending portfolio, which remains active after having seven managers added for more than $800 million in mandates in 2020. The West Palm Beach, Florida firm offers both direct lending investments and private equity programs.

Further boosts to direct lending are likely on the horizon as trustees approved changes to . . .

Continue Reading

Unlock this article instantly, along with the rest of our premium content, newsletters and data tables tracking investor and manager activity. Monthly and annual subs available.

Get started

Related Articles

Check Also
Back to top button

Get our daily news digest
in your inbox

Our FREE mailing list brings you daily alts intel.

Thank you for subscribing.

Something went wrong.