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FUNDRAISING NEWS | July 26, 2022

Texas County Commits £65 Million to Private Equity

Tags: Pension Funds

The Texas County & District Retirement System (TCDRS) has committed £65 Million (approximately $78 million) to private equity fund Synova Fund V, according to a recent activity report on their website. 

Synova is a growth investor focusing on companies in the UK, Ireland, and continental Europe. 

As of March 31, 2022, the $44 billion Retirement System targets a $25% private equity allocation and currently allocates approximately 26% 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!

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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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