TRS Texas approves $80m commitment

The US pension fund has backed Antin Infrastructure Partner's unlisted infrastructure vehicle.

Institution: Teacher Retirement System of Texas
Headquarters: Austin, US
AUM: $176.9 billion
Allocation to alternatives: 34%

Teacher Retirement System of Texas has agreed to commit $80 million to Antin Infrastructure Partners Mid Cap I, a contact at the pension informed Infrastructure Investor. 

AIP launched its mid-cap fund in April 2021, targeting unlisted infrastructure equity vehicles across North America and Europe, with a focus on multiple sectors. The commitment marks a new fund manager relationship for TRS Texas.

The $167.9 billion US public pension has a 6 percent target allocation to infrastructure that currently stands at 5.5 percent.

As illustrated below, the pension fund’s recent fund commitments have predominantly targeted global unlisted infrastructure vehicles across diversified sectors.

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