Texas County & District Retirement System, Austin, invested $150 million on June 1 in Tiger Consumer Partners Master Fund, a long/short equity hedge fund managed by Tiger Consumer Management.
The $20.7 billion pension fund also committed $25 million on May 17 to private equity manager Vista Equity Partners for its new Vista Foundation Fund II, according to a transaction report on the pension fund's website. The fund will invest in small-cap software and technology-enabled companies.
Tiger Consumer Management has about $2.2 billion under management, and Vista Equity manages $6 billion.
