---
title: Texas TRS Commits $750M to Alternatives
description: Texas TRS Commits $750M to Alternatives.
---

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# [Texas TRS Commits $750M to Alternatives](https://dakotafunds.com/dakota-funds/fundraising-news/texas-trs-commits-750m-to-alternatives)

 Written by [Koncheng Moua, Director of Data Management and Strategy](https://dakotafunds.com/dakota-funds/author/koncheng-moua-director-of-data-management-and-strategy) | October 07, 2022

The Teacher Retirement System of Texas has disclosed approximately $750 million in commitments to alternative funds, as described in an email from the System.

**Real Estate**

$200 million was committed to opportunistic real estate fund, PCCP Clipper Venture II.

**Private Equity**

$75 million was committed to EIV Coinvest Bakken. The private equity fund managed by EIV Capital focuses on growth investments in energy infrastructure and niche renewable sectors. $250 million was allocated to middle market buyout fund, Clayton, Dubilier & Rice Fund XII. $150 million was committed to buyout fund, Thoma Bravo Discover Fund IV. $25 million was committed to venture capital fund, Distributed Global Ventures III.

**Real Assets**

$25 million was committed to ECP V (Bears Co-Invest), an energy infrastructure fund managed by Energy Capital Partners. The TRS also committed to two infrastructure co-investment funds managed by Global Infrastructure Management. Approximately $21.5 million was allocated to the GIP IV Gutenberg Co-Invest fund, and approximately $3.1 million in the GIP IV Seaway Co-Invest 2 fund.

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