Texas County & District Retirement System, Austin, committed €50 million ($55 million) to Marlin Heritage Europe, a transaction report on the $24.3 billion pension fund’s website showed.
The private equity fund is managed by Marlin Equity Partners.
The latest commitment brings TCDRS’ total commitment to its broad private equity asset allocation to $522.7 million year-to-date July 11, with $305.2 million committed to six traditional private equity funds and $217.5 million to nine venture capital funds.
