Teacher Retirement System of Texas has added Tallvine Partners Management to its infrastructure manager by issuing a $154m (€143.4m) commitment to the manager.
The pension fund said it has committed $150m to Tallvine Middle Market Infrastructure Fund I and placed $4m into Tallvine Emerald Management Holdings.
The commitment to Fund I will be used to target mid-market value-add US infrastructure investments.
Texas Teachers also said it placed $150m into the Macquarie Infrastructure Partners-managed Tython Limited Partnership, which also targets US value-add investments.
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