Texas County & District Retirement System, Austin, committed $50 million to Shamrock Capital Growth Fund IV, said a transaction report on the $25.2 billion pension fund's website.
The buyout fund invests in U.S. communications and entertainment companies and is managed by Shamrock Capital Advisors.
Last month the pension fund committed $50 million to a Shamrock Capital Advisors direct lending fund.
Separately, TCDRS invested an additional $40 million in Lakewood Capital Partners, a long/short equity hedge fund managed by Lakewood Capital Management. The addition brings the pension fund's total investment to $140 million, said a system spokesman.
