TRS Texas approves $100m commitment

The US public pension has backed an infrastructure fund.

Institution: Teacher Retirement System of Texas
Headquarters: Austin, US
AUM: $148.08 billion
Allocation to alternatives: 34.0%

Teacher Retirement System of Texas has agreed to commit $100 million to Actis Arroyo Private Investment Vehicle managed by Actis, a contact at the pension informed Infrastructure Investor.

The $148.08 billion US public pension has a 6.0 percent target allocation to infrastructure that currently stands at 5.50 percent.

As illustrated below, the pension fund’s recent commitments are to vehicles focused on the industrial, telecommunications, renewables and transport sectors within the Asia-Pacific, North America and Europe regions.

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