TRS Texas approves $400m in commitments

The US public pension has backed two infrastructure funds.

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 $250 million to EQT Infrastructure Fund V and $150 million to Actis Energy 5, 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 renewables, energy, social infrastructure and telecommunication sectors within the Asia-Pacific, Europe and North America regions.

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