Texas pension ramps up its 2022 alts agenda

The approximately $36 billion Texas Municipal Retirement System (TMRS) is off to the races with its 2022 agenda, with plans to search for a general consultant early this year.

After delaying its consultant search last year as it sought a new chief investment officer, officials now have welcomed a new CIO on the heels of large commitments to alternatives investment vehicles late last year.

The public defined benefit plan’s five-year consulting contract with . . .

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Mark Fortune

Mark Fortune has more than 30 years of experience as a financial writer and editor, with a focus on institutional investment management. He has worked in various editorial roles at organizations that include Institutional Investor, Pageant Media, Markets Group and, most recently, at New York investment management firm Cohen & Steers.

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