During the period July to early November 2022, the board of the $40 billion Texas County & District Retirement System (TCDRS) committed an additional $659.8 million to private equity and private real estate investments, according to a report from the system on its recent investment activity.
The system allocated the highest percentage of the money committed during the period to the private equity asset class, totaling approximately $334.8 million. It awarded $70 million to Spectrum Equity X-A LP and $10 million to Spectrum Equity Discretionary Overage Program III-A LP on July 20. Synova . . .
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