Texas pension taps infrastructure, PE funds
The $165 billion Teacher Retirement System of Texas continues to make new allocations within its alternative asset classes, with three fund commitments last month.
New York-based Global Infrastructure Management received a commitment of $100 million for its newly established GIP Aquarius Fund. The $54 billion investment firm is an existing relationship for the Texas pension and focuses on investing in energy, transport, digital and water/waste infrastructure sectors.
The Global Infrastructure Management allocation was part of the ENRI portfolio, which has an objective to provide inflation protection in addition to uncorrelated returns. While historically . . .
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.
