Teacher Retirement System of Texas

Texas Teachers bringing risk parity in-house

Texas Teachers bringing risk parity in-house

Officials at the $129 billion Teacher Retirement System of Texas, Austin, are gearing up to manage about $3.4 billion in a risk-parity approach in-house, making it one of the few pension funds to...

December 08, 2014

Texas Teachers puts $200 million toward car dealership co-investment

Texas Teacher Retirement System committed $200 million to BSREP CARS Co-Invest Pooling fund.

November 26, 2014 | 02:07 pm

Texas Teachers picks new head for emerging managers

Cheryl Lynette Hines will join the Texas Teacher Retirement System on Dec. 1 as director of the $129 billion fund's emerging managers program.

November 20, 2014 | 03:58 pm

Texas Teachers commits $755 million to real estate, private equity

Texas Teacher Retirement System committed a total of $755 million to five private market funds in the quarter ended Sept. 30, a transaction report provided to Pensions & Investments showed.

November 19, 2014 | 03:07 pm

Texas Teachers is top private equity performer — report

Texas Teacher Retirement System had the best 10-year annualized private equity returns among public pension funds for the end of fiscal year 2013, a report from the Private Equity Growth Capital...

October 15, 2014 | 04:04 pm
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