Texas County Allocates $75M to CLO Fund

Written by: Koncheng Moua, Director of Data Management and Strategy

Texas County & District Retirement System has disclosed a $75 million commitment to Irradiant CLO Partners Fund III.

The private credit investment closed on November 3, 2022, according to a recent activity report on the System’s website. 

The Irradiant investment marks the tenth commitment to private credit in the year 2022. Thus far, TCDRS has allocated over $1.2 billion to private credit across the ten funds.

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