Texas County Commits $50M to Private Credit

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

The Texas County & District Retirement & System has made a $50 million commitment to the Taconic Credit Dislocation Fund IV.

The private credit commitment closed on May 1 according to the recent activity report.

The $41.7 billion Retirement System targets 4% to distressed debt while they currently allocate approximately 3.8% to the asset class.

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