Texas County & District Retirement System, Austin, committed $40 million to GTCR XI/A&B, a middle-market buyout fund, focused on investment in North America in core sectors, including health care, information services and technology, and financial services.
The fund is managed by Chicago-based private equity manager GTCR.
The commitment to the new fund was made Nov. 15, according to a transaction report on the $20.8 billion pension fund's website.