Texas County & District Retirement System, Austin, committed $100 million to SKY Fund VI Onshore.
The $50 billion pension fund disclosed the April 4 commitment to the opportunistic credit fund managed by SKY Leasing in an investment activity update on its website.
It is the pension fund’s first commitment to the aircraft leasing manager.
As of Dec. 31, the pension fund’s actual allocation to direct lending was 14%; its target is 16%.
