Houston Firefighters' Relief & Retirement Fund approved two new commitments totaling up to $100 million.
The $5.1 billion pension fund's investment committee approved committing up to $50 million each to value-added real estate fund EQT Exeter Industrial Value Fund VI and buyout fund Thoma Bravo Discover Fund IV at its Aug. 16 meeting, recently released meeting minutes show.
The pension fund previously committed up to €125 million ($125 million) to buyout fund EQT X (No. 2) Europe in June. Information on any prior Thoma Bravo commitments was not available.
As of June 30, 2021, according to its website, the pension fund had allocations of 32% to private equity and 5% to real estate.
Ajit Singh, chief investment officer, could not be immediately reached for further information.