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Texas Employees’ commits $75 million to private equity fund, co-investment

Texas Employees Retirement System committed a total of $75 million to two private equity strategies in June, a transaction report showed.

The $26.7 billion Austin-based pension fund allocated $50 million to RLH Investors IV, a North American buyout specialist fund managed by Riordan, Lewis & Haden.

A private equity co-investment received a $25 million commitment. The pension fund did not disclose the manager of the co-investment in the report.

Including the two most recent commitments, The pension fund has earmarked a total of $302 million to five private equity co-investment vehicles and four commingled funds.