Texas County & District Retirement System, Austin, committed $30 million to buyout fund Wynnchurch Capital Partners IV on Oct. 23, a transaction report on the $23 billion pension fund’s website showed.
The investment team at Wynnchurch Capital will focus on finding investment opportunities among U.S. companies in consumer, manufacturing and business services sectors.
The commitment to the Wynnchurch fund is TCDRS’ third to a private equity fund in October to date. In all, the pension fund committed $115 million to private equity funds in the month, with $50 million committed to Baring Asia Private Equity Fund VI and $35 million to Advent Latin American Private Equity Fund VI-H.
