TCDRS approves $75m commitment to KSL Capital Partners V

The US public pension has backed a global focused fund.

Texas County and District Retirement System approved a commitment of $75 million to KSL Capital Partners V.

The $29.7 billion US public pension has a 6 percent target allocation to real estate that currently stands at 2 percent.

Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.