Texas pension taps three PE funds

The Texas County & District Retirement System in Austin added three more funds to its private equity line-up, making its 2021 allocation total in the space $920 million.

The funds selected in recent weeks totaled $75 million in fresh capital going to Shine Capital I ($15 million); Lux Ventures VII ($20 million); and Lux Total Opportunities ($40 million).

Through May, officials have committed to 19 funds after committed to over 30 funds throughout 2020.

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