Corporate Moves
Popular LP Collective Elects Texas Teachers’ PE Head as Chair
Institutional Limited Partners Association selects Neil Randall to lead governance activities.
Tag: Texas Teacher Retirement System (TRS)
Newsmakers
Brexit Is a Mess, but Texas Teachers Is Keeping Its London Outpost
CIO Jerry Albright says Britain is still a good place to run investments from.
Texas Teachers Closer to Getting a Boost from State
New legislation seeks to shore up fund, give one-time check to retirees.
Newsmakers
Hiring for Texas Teachers’ Private Equity Fleet ‘On Schedule’
CIO Jerry Albright ‘pleased’ as hiring worries for internalization plans diminish.
Alternatives
Texas Teachers’ Shoulders Its Way into Blackstone’s Behemoth Private Equity Fund
Sizable commitment shows the pair’s years-long relationship has no signs of fraying.
Manager Selection
TRS Expands Diversity Recruiting by Partnering with Howard U
Albright: ‘Any number of Howard students may be tomorrow’s investments superstars – and we want them playing on our team for our members’ long-term financial security.’
Alternatives
Texas Creates Separate Account with Saudi Arabia-backed Blackstone Infrastructure Fund
Adds $100 million to the $250 million commitment it made in 2018.
Research
Texas Teacher Retirees Could Receive a One-Time Pay Bump in 2020-21 Budget
What two new bills might do to help some of the fund’s retirees.
Newsmakers
Texas Teachers’ Launches Strategic Asset Study
Pension notes that the current asset allocation is ‘good…but can we do better?’
Asset Allocation
Texas Teachers’ Closes Out Year with $1.8 Billion in New Commitments Across 12+ Strategies
Commitments primarily focused on real estate and infrastructure.
Pension Bridge: Texas, Idaho Systems Consider Lowering Return Assumptions
The two public pensions systems would be the latest among dozens that have lowered return expectations in the last 12 months.
Newsmakers
Texas Teachers Is Moving Expansion Plan Forward
Guthrie says increasing the team will be a “hard sell” to legislature.
Risk
Texas Teachers’ Albright Seeks Canadian Model Adoption
Plans to supersize internal staff, cut external costs by at least $600 million.