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Texas County & District earmarks $60 million for Veritas fund

Texas County & District Retirement System, Austin, made its first private equity commitment of 2017, putting $60 million with Veritas Capital Fund VI, a transaction report showed.

The commitment, made Feb. 1, is the first for the $25.6 billion pension fund to Veritas Capital Fund Management. The fund will seek buyout opportunities in U.S. middle-market companies across a range of sectors that provide goods and services to government entities.