Texas Pension to Invest $15 Billion in Private Co-Investments
PositiveFinancial Markets

The Texas Municipal Retirement System, with assets totaling $46 billion, is set to invest $15 billion in private co-investments, marking a significant shift towards increasing its private equity allocation. This move is important as it reflects a growing trend among pension funds to diversify their portfolios and seek higher returns, which could ultimately benefit retirees and strengthen the financial health of the system.
— Curated by the World Pulse Now AI Editorial System