Institution: Teacher Retirement System of Texas
Headquarters: Austin, United States
Allocation to alternatives: 31.10%
Teacher Retirement System of Texas (TRS) has agreed to commit $100m to Padawan; a fund of one which is managed by Paine Schwartz Partners, a contact at the pension informed Agri Investor. TRS previously committed $150 million to the same manager’s Paine Schwartz Partners Food Chain V fund in December 2018.
As illustrated in the charts below, other previous agriculture commitments by TRS include Lion Capital funds I and II.
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