Texas County & District commits to Asian private equity fund

Texas County & District Retirement System, Austin, committed $50 million to Asian specialist private equity fund RRJ Capital Master Fund II, according to a transaction report on the $17.6 billion retirement system's website.

The fund invests in companies domiciled in China and Southeast Asia and is managed by Hong Kong-based RRJ Capital.

TCDRS' private equity/distressed debt/private real estate portfolio commitments now total $1.623 billion.