Trustees for the Texas County and District Retirement System added five funds to its active alternative investment programs this past month totaling $515 million.
The $37 billion retirement system added two credit-oriented strategies and three private real estate funds. Distressed debt fund Arbour Lane Credit Opportunity Fund III (A) was selected for a $175 million commitment, while 400 Capital TX COF II LP was selected for a $25 million ticket.
Within private real estate, the three funds selected were: Victory European Real Estate Fund II (A) SCSp ($77 million); FCP Realty Fund V ($125 . . .
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