TCDRS approves additional $50m commitment

The US public pension has increased allocation to an opportunistic fund.

Texas County and District Retirement System has approved an additional $50 million to Starwood Opportunity Fund XI Global.

The $29 billion US public pension has a 6 percent target allocation to real estate that currently stands at 2.2 percent.

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