Texas Employees Retirement System, Austin, committed $10 million to a private equity buyout co-investment fund in May, showed a transaction report provided by investment officials of the $24.9 billion pension fund.
The co-investment, RCAF VI CIV XXXIII is managed by Riverside and is associated with Riverside Capital Appreciation Fund VI. Texas ERS is invested in RCAF VI, but the amount committed could not be learned.
In April, the fund committed $7 million to another co-investment opportunity from the same manager, Riverside Europe Fund V Co-Investment II.