TRS Texas approves $200m commitment

The US public pension has backed a North American infrastructure fund.

Institution: Teacher Retirement System of Texas
Headquarters: Austin, United States
AUM: $148.0 billion
Allocation to alternatives: 35.0%

Teacher Retirement System of Texas has confirmed a commitment of $200 million to Stonepeak Infrastructure Fund IV, a contact at the pension informed Infrastructure Investor.

The $148.0 billion US public pension has a 6.0 percent target and actual allocation to infrastructure.

As illustrated below, the institution’s recent commitments are to funds focused on the telecommunications, energy, renewables and transport sectors within the North America region.

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