US pension fund TCDRS commits $95m to two Chinese PE firms

US pension fund TCDRS commits $95m to two Chinese PE firms

REUTERS/Thomas White/Illustration

The $30.4-billion Texas County & District Retirement System (TCDRS) has approved commitments worth $95 million into three private equity vehicles under two China-based firms, according to a disclosure.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter