Texas County & District Retirement System Commits $60M to Private Equity, Venture Capital

The Texas County & District Retirement System disclosed two new investments totaling $60 million.

Within private equity, $30 million was committed to Carnelian Energy Capital V. And in venture capital, $30 million was committed to TCG Labs Fund I.

As of September 30, 2023, the $41.6 billion pension fund allocates 28% to private equity with a target allocation of approximately 25%.

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