Texas County & District Retirement System, Austin, committed a total of $105 million to two alternatives managers, said spokeswoman Brooke Goggans in an e-mail.
The $23 billion pension fund committed $65 million to buyout fund Hellman & Friedman Capital Partners VIII. The pension fund previously committed $50 million to Hellman & Friedman Capital Partners VII in 2009 and $21.8 million to Hellman & Friedman Capital Partners VI in 2006.
Also, the pension fund committed $40 million to Harrison Street Real Estate Partners V, a real estate fund managed by Harrison Street Real Estate Capital. It is a first-time commitment.
The pension fund has a 12% target allocation to private equity and a 9% target allocation to real assets.
