Searches and Hires

Texas County & District commits to AnaCap’s fourth distressed debt fund

Texas County & District Retirement System, Austin, committed €75 million ($85 million) to AnaCap Credit Opportunities IV, a transaction report showed.

The latest commitment is the $30 billion pension fund's third to the distressed debt fund series managed by AnaCap Financial Partners. In 2015, pension fund officials committed $52 million to the third fund in the series and committed $55 million to the second fund in 2012.

TCDRS has committed a total of $261 million to three distressed debt funds, including the latest AnaCap fund, year-to-date Nov. 15, according to the transaction report.