Texas County & District Retirement System, Austin, disclosed two commitments totaling $105 million.
The $49.7 billion pension fund disclosed a March 1 commitment of $100 million to Dawson Evergreen (Master) 1, a buyout fund managed by Dawson Partners (formerly known as Whitehorse Liquidity Partners), and a Feb. 28 follow-on commitment of €5 million ($5 million) to Nordic growth equity fund Adelis Equity Partners Fund IV in an investment activity update on its website.
TCDRS originally committed €50 million to the Adelis Equity Partners fund in December.
As of Sept. 30, the pension fund’s actual allocation to private equity was 26.2%; its target is 25%.