Teacher Retirement System of Texas
One of America's largest teacher pensions and steady PE re-upper.
LP & Institutional CapitalFirmGlobal
Target market
Buyout, growth, energy and venture funds globally
Geography
Global
Overview
The Teacher Retirement System of Texas manages roughly $200B+ for Texas educators and runs a large, consistently pacing private-equity program, making new fund commitments nearly every month. It also runs sizable co-investment and emerging-manager programs alongside its fund portfolio.
Key facts
- One of the largest U.S. public pension funds
- Committed well over $1B per year to private equity in recent years
- Runs a well-known emerging-manager program
- Based in Austin, Texas