Texas County Commits $58M to Private Equity

The board of Texas County & District Retirement System (TCDRS) on September 9 made a $58M private equity commitment, its ninth in the asset class in 2024, according to updates made to its web site.  

The allocation was made to ShoreView Capital Partners V, a closed-end growth equity fund strategy managed by Minneapolis-based ShoreView, which invests in established middle-market companies across diverse industries in North America. 

TCDRS reports a market value of $48.1B as of June 30 and holds a target allocation of 25% to private equity.

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!