Texas Municipal to lift PE allocation, new fund commitments in 2018

Christopher Schelling, Texas Municipal Retirement System., private equity, pension fund
  • Plans to commit an additional $500 mln this year
  • 5-10 new fund commitments
  • Mix of re-ups and new relationships in manager selection
Texas Municipal Retirement System is on track to commit an additional $500 million to private equity this year, inching closer to its strategic target allocation of 5 percent by 2020, according to Christopher Schelling, director of PE for the system. The $25 ...

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