Texas County & District Retirement System

Also known as TCDRS

Public Pension FundAustin, United StatesFounded 1967
$46.0B
Assets Under Management
Austin
Headquarters

About Texas County & District Retirement System

Texas County & District Retirement System's investment portfolio is valued at $46.05 billion, as of December 31, 2023, with investments in real estate, hedge funds, infrastructure, real assets, natural resources, distressed debt, direct lending, and private equity. As of December 31, 2023, the private equity portfolio was valued at $12.5 billion, representing 27.2% of the total portfolio. This is an increase compared to September 30, 2023, when the private equity portfolio was valued at $11.23 billion. The private equity portfolio is currently overweight compared to the target of 25%. Investments in private equity include buyouts, co-investment, mezzanine, diversified private equity, private equity growth, private debt, secondaries, and venture capital fund strategies diversified in geographical locations across the globe. It had unfunded commitments amounting to $11.19 billion as of December 31, 2023. The plan's investments are governed by the executive management team, with Ms. Casey Wolf serving as Chief Investment Officer. Cliffwater serves as the LP Consultant.

Preferred Investment Types

BuyoutCo-InvestmentCollateralized Loan Obligation (CLO)Credit Special SituationsDebt - GeneralDirect LendingDistressed DebtPrivate EquityGrowth/ExpansionHedge FundInfrastructure - GeneralInfrastructure OpportunisticMetals & MiningMezzanineOil/GasReal Assets & Natural Resources - GeneralReal Estate - GeneralReal Estate Core Plus

Preferred Geographies

AlabamaAlaskaAmericasArizonaArkansasAsiaBay AreaBrazilCaliforniaCanadaChinaColoradoConnecticutDC MetroDelawareDenmarkDistrict of ColumbiaEast Asia

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Frequently asked questions

What type of investor is Texas County & District Retirement System?

Texas County & District Retirement System is a public pension fund based in Austin, United States, managing approximately $46.0B in assets.

Where is Texas County & District Retirement System headquartered?

Texas County & District Retirement System is headquartered in Austin, United States.

How much does Texas County & District Retirement System manage?

Texas County & District Retirement System manages approximately $46.0B in assets under management.

When was Texas County & District Retirement System founded?

Texas County & District Retirement System was founded in 1967.

What does Texas County & District Retirement System invest in?

Texas County & District Retirement System focuses on Buyout, Co-Investment, Collateralized Loan Obligation (CLO), Credit Special Situations, Debt - General, Direct Lending, Distressed Debt, Private Equity.

How can I contact Texas County & District Retirement System?

Verified contact details, key decision-makers, and investment preferences for Texas County & District Retirement System are available on LPbacked. Create a free account to access them.