Texas County Allocates $250M to Private Credit

November 23, 2022

Written By:
Koncheng Moua, Research Data Analyst

Texas County & District Retirement System has disclosed a $250 million commitment to Silver Point Specialty Credit Fund III.

The private credit investment closed on November 11, 2022, according to a recent activity report on the System’s website. 

As of September 30, 2022, the $40 billion TCDRS has an actual allocation to credit of approximately 28.6%. The target allocation to credit assets is 29%.

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Tags: Pension Funds, Alternatives, Credit

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