TRS Texas approves $250m commitment

The US public pension has backed an infrastructure fund.

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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 $150 million to Digital Colony Patners II, 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 funds focused on the renewables, social infrastructure, telecommunications and industrial sectors within the Asia-Pacific, Latin America, Europe and North America regions.

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