The $193 billion Teachers' Retirement System of Texas (TRS) in Austin added two new alternative investment allocations last month, officials announced this week.
Within private equity, the Baring Asia Private Equity Fund VIII was selected as a large-buyout strategy offering international exposure to emerging markets. The $150 million commitment was awarded to Hong Kong-based Baring Private Equity Asia Group, which collected $200 million in 2019 for its BPEA Bluebonnet Partners. The latest fund is . . .
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