Texas Teacher Retirement System, Austin, committed a total of $470 million to three alternative investment strategies in July, a transaction report from the $148.1 billion system showed.
The largest commitment was $250 million from the system's $8.8 billion energy/natural resources/infrastructure portfolio to BIS Brazos Infrastructure Fund, a separate account managed by existing infrastructure manager BlackRock.
From the system's $23.7 billion private equity portfolio, a total of $220 million in commitments was split between two existing managers with $200 million earmarked for Silver Lake Partners VI and $20 million to Diamondleaf Co-Investment Partners, managed by Clearlake Capital Group.
