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FUNDRAISING NEWS | January 22, 2025
The Texas County & District Retirement System (CDRS) released updates to its investment data reflecting a follow-on commitment of $150M to an Ares Capital private credit fund.
The pension allocated the amount to Ares European Credit Strategies Fund X (T) in its second investment in direct lending this year, following closely after its $100M commitment to Pathlight Capital Evergreen Fund as reported by Dakota on January 17. Dakota Marketplace data also shows Texas County previously committed $100M to the Ares Pathfinder II Fund in 2023.
To date, the Texas county pension oversees total plan assets valued at $47B.
Written By: Dakota
October 04, 2022
November 20, 2024
August 15, 2023
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