Texas County & District commits $75 million to private equity fund
By Christine Williamson | February 7, 2013 2:40 pm
Texas County & District Retirement System, Austin, committed $75 million to Davidson Kempner Long-Term Distressed Opportunities Fund II, managed by Davidson Kempner Capital Management.
The fund made the commitment to the private equity fund on Tuesday, according to a transaction report on the $17.6 billion retirement system's website.
TCDRS' private equity/distressed debt/private real estate portfolio commitments now total $1.752 billion.
