Texas ERS approves $1 bln in 2019 PE pacing


Employees Retirement System of Texas, private equity, pension fund
The state flag of Texas. Photo courtesy Pgiam/iStock/Getty Images
Employees Retirement System of Texas approved its 2019 private equity tactical plan, earmarking $1 billion in planned commitments for the coming year and $5.6 billion in commitments over the next five years. The $27.5 billion system has a 13 percent target allocation ...

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