Texas Employees Retirement System, Austin, committed $10 million to EMG Ascent 2016 Equity fund, the only private investment fund commitment made by the $25.5 billion fund in October, a transaction report showed.
The special situations private equity fund, managed by Energy & Minerals Group, will invest in energy and minerals sectors throughout North America.
In 2014, Texas ERS committed $80 million to Energy & Minerals Group Fund III.
