Texas County & District Retirement System, Austin, made two new buyout fund commitments totaling $100 million to manager Linden Capital Partners.
The $35.7 billion pension fund's commitments of $85 million to Linden Capital Partners V and $15 million to Linden Co-Investment V closed May 14, a transaction report on the pension fund's website showed.
As of May 14, TCDRS investment officers had committed $775 million to 13 private equity/venture capital funds run by 10 managers since the beginning of the year.
In 2020, the retirement system committed a total of $2 billion to 32 private equity/venture capital strategies managed by 25 firms, TCDRS' 2020 transaction report showed.
