Texas Municipal Retirement System commits $50m to Värde Asia Credit Fund

Texas Municipal Retirement System commits $50m to Värde Asia Credit Fund

Marcia Page is Varde Partner's Co-Founder and Executive Chair. Photo: Varde

US state pension fund Texas Municipal Retirement System (TMRS) is committing $50 million to be invested in Asia through the Värde Asia Credit Fund, an affiliate of global alternative investment firm Värde Partners.

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