Texas County & District Retirement System, Austin, committed $100 million to Alcentra Structured Credit Opportunities Fund V.
The $48.1 billion pension fund disclosed the Aug. 22 commitment to the structured credit fund in an investment activity update on its website.
TCDRS previously committed $50 million to Alcentra Structured Credit Opportunities Fund IV in 2021.
As of June 30, the pension fund’s actual allocation to strategic credit was 9.3%; the target is 9%.
