Pensions & Investments – Texas County & District Retirement System, Austin, committed $400 million in new or follow-on investments in 14 hedge funds this month, according to a transaction report on the $18.4 billion fund’s website.
The system made commitments to four new hedge funds, giving $18 million each to Brigade Leveraged Capital Structures Fund and Taconic Opportunity Fund; $50 million to Archipelago Partners; and $25 million to Canyon Value Realization Fund.