Institution: Employees Retirement System of Texas
Headquarters: Austin, United States
Allocation to alternatives: 27.57%
Employees Retirement System of Texas (ERS) has agreed to commit $100 million to Crown Secondaries Special Opportunities II, a contact at the pension informed Secondaries Investor. The 2018 vintage fund is managed by LGT Capital Partners.
As illustrated below, ERS previously committed $100 million to Crown Secondaries Opportunities I as well as three other secondaries funds managed by LGT Capital Partners.
Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.