Texas TRS Commits $101M to Alternatives

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

The Teacher Retirement System of Texas has disclosed two alternative commitments totaling $101.5 million.

$50 million was committed to opportunistic real estate fund, Almanac Investment Manager Solutions. Almanac Realty Investors was previously acquired by Neuberger Berman in 2020.

The Retirement System also shared a $51.5 million investment in private equity fund, Fox Co-Investment Partners A. The co-investment fund is managed by Clearlake Capital Group.

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