Tennessee CRS Allocates $150M to Blackstone Private Credit Fund

The Tennessee Consolidated Retirement System (TCRS) has committed $150 million to the Blackstone Green Private Credit Fund III.

According to meeting minutes, the $150 million investment was approved at the August 25 Investment Committee meeting.

TCRS has previously invested in Fund II.

As of March 31, 2022, TCRS allocates approximately 8.8% to the Strategic Lending Portfolio compared to the 10% target allocation.

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!

Written By: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.

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