Texas Pension Allocates $100 million To Investcorp

Feb 5 2007 | 11:46am ET

The $105 billion Teachers Retirement System of Texas has verbally committed to allocate $100 million to fund of hedge funds shop Investcorp, according to Howard Goldman, a spokesman for TRS.

The system currently has $1.8 billion invested in single-manager funds and $250 million in private equity emerging manager fund of funds Credit Suisse Emerging Opportunities Fund.


In Depth

GSAM’s Papagiannis on Liquid Alternatives

May 25 2016 | 5:07pm ET

The popularity of liquid alternatives strategies has blossomed in recent years,...

Lifestyle

From Modern Trader: Stephen Curry is a Black Swan

May 18 2016 | 7:43pm ET

What do the rise of the Internet, the sinking of the Titanic, 9/11, and Stephen...

Guest Contributor

LendingClub and the Question of Internal Hedge Funds

May 19 2016 | 8:42pm ET

Peer-to-peer lending platform LendingClub Corp. has been in the news since the firm...