Teacher Retirement System of Texas

Texas TRS directional hedge funds generate highest alpha in fund's external markets portfolio

Texas TRS directional hedge funds generate highest alpha in fund's external markets portfolio

In the three-year period ended June 30, directional hedge funds generated annualized alpha of 4.6 percentage points – the highest of any portfolio in the Teacher Retirement System of Texas'...

September 22, 2014 | 04:01 pm

Texas Teachers tweaks strategic asset allocation

Texas Teacher Retirement System adopted a new strategic asset allocation at its board meeting Thursday that raises the allocation to private markets, adds a 5% allocation to risk-parity strategies,...

September 19, 2014 | 04:10 pm

Texas Teachers commits $2.1 billion to 17 funds

Texas Teacher Retirement System committed a total of $2.1 billion to 17 private market funds in the quarter ended June 30.

September 18, 2014 | 01:50 pm
Shadow capital's growth could change private equity, real estate

Shadow capital's growth could change private equity, real estate

The growing popularity of direct investment and co-investment in private equity and private equity real estate is threatening to change the general partner-limited partner relationship.

August 04, 2014
Hedge fund manager Winton Capital making headway with long-only strategy

Hedge fund manager Winton Capital making headway with long-only strategy

North American investors are helping Winton Capital Management Ltd. make progress — albeit slowly — toward its founder's goal of becoming a $100 billion company.

July 22, 2014 | 10:10 am

Texas Teachers sticks with State Street for custody, securities lending

exas Teacher Retirement System rehired State Street Bank for custodial and securities lending services.

July 15, 2014 | 01:31 pm

Texas Teachers' emerging managers director leaving

Stuart Bernstein, director of the $2 billion emerging managers program at Texas Teacher Retirement System, is leaving the $130 billion fund Tuesday.

July 14, 2014 | 03:17 pm

Illinois Teachers commits to 2 funds, lowers assumed rate of return

Illinois Teachers' Retirement System approved a total of $150 million for two commitments to existing managers from the $44.2 billion pension fund's private equity portfolio.

June 25, 2014 | 04:24 pm

Texas Teachers commits $1.8 billion in Q1

Texas Teacher Retirement System committed a total of $1.8 billion to 14 private market investment funds in the quarter ended March 31.

May 19, 2014 | 04:23 pm

Texas Teachers powers up first energy consultant

Texas Teacher Retirement System, Austin, hired Tudor, Pickering, Holt & Co. as the $123.9 billion pension fund’s first specialist energy investment consultant, subject to...

March 28, 2014 | 01:46 pm

Harvard Management Co. chooses private equity managing director

Richard Hall was named managing director of private equity at Harvard Management Co.

March 18, 2014 | 11:39 am

Texas Teachers commits $1 billion to private equity, real assets funds

Texas Teacher Retirement System, Austin, committed more than $1 billion total to seven private equity and real assets funds in the fourth quarter, according to a transaction report provided to...

February 18, 2014 | 03:35 pm

Texas Teachers commits and invests a combined $2.7 billion

Texas Teacher Retirement System in the third quarter invested a total of $1 billion in nine hedge funds and $749 million in long-only equity strategies; it also committed a total of $790 million to...

January 14, 2014 | 04:07 pm
Real estate investors look beyond commingled funds

Real estate investors look beyond commingled funds

Institutional investors are mixing it up in their real estate portfolios with funds-of-one, co-investments and separate accounts gaining popularity.

November 11, 2013

Texas Teachers picks 2 for global value equity

Texas Teacher Retirement System selected two existing external managers — Wellington Management and D.E. Shaw Group — to manage new active global value...

September 17, 2013 | 04:19 pm