Texas County & District Retirement System, Austin, committed €90 million ($101 million) to Marlin Heritage Europe II, a transaction report on the pension fund's website shows.
The $29.1 billion pension fund's commitment to the middle-market buyout fund managed by Marlin Management Co. closed on July 3, according to the report.
The pension fund has previously committed $100 million to Marlin Equity Partners V , $35 million to Marlin Heritage Fund II and $57 million to Marlin Heritage Europe.
With the addition of the Summit Partners' latest venture capital fund, TCDRS has committed a total of $998 million to 17 private equity/venture capital funds run by 14 firms.
In all of 2019, the pension fund's commitments to 28 private equity/venture capital funds totaled $1.2 billion and were managed by 27 firms, transaction reports showed.