---
title: Texas County Commits £65 Million to Private Equity
description: Texas County Commits £65 Million to Private Equity.
image: https://dakotafunds.com/hubfs/Imported_Blog_Media/austin_texas-1.jpg
---

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# Texas County Commits £65 Million to Private Equity

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

![](https://dakotafunds.com/hubfs/Imported_Blog_Media/austin_texas-1.jpg)

The Texas County & District Retirement System (TCDRS) has committed £65 Million (approximately $78 million) to private equity fund Synova Fund V, according to a recent activity report on their website. 

Synova is a growth investor focusing on companies in the UK, Ireland, and continental Europe. 

As of March 31, 2022, the $44 billion Retirement System targets a $25% private equity allocation and currently allocates approximately 26% to private equity.

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 Tags: [Pension Funds](https://dakotafunds.com/dakota-funds/tag/pension-funds)

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