TA Associates closed its latest flagship middle-market buyout fund, TA XV, at its $16.5 billion hard cap, according to a news release.
The new fund exceeds its predecessor, TA XIV, which closed with a $12.5 billion hard cap in June 2021.
Investors in TA XV include $149.3 billion Washington State Investment Board, Olympia; $94.7 billion Massachusetts Pension Reserves Investment Management Board, Boston; $76.6 billion Alaska Permanent Fund Corp., Juneau; $61.5 billion Tennessee Consolidated Retirement System, Nashville; $34.1 billion Texas Employees Retirement System, Austin; $10.4 billion Contra Costa County Employees' Retirement Association, Concord, Calif.; and $7 billion Houston Police Officers' Pension System.
Maggie Benoit, TA Associates spokeswoman, could not be immediately reached for comment.
