Recent Investment Activity

See our recent board activity and investment commitments.

Board of Trustees

September2024

The board amended the investment policy to delegate investment manager selection to the investment officer after successful due diligence review by the investment consultant and TCDRS staff.

Past Board Meetings

March 2024

The board approved the 2024 capital market assumptions as recommended by Cliffwater and updated the investment policy to include the new assumptions.

December 2023

Cliffwater presented the 2024 private markets annual plan. 

About TCDRS

Explore Why We’re Different

recent investments

Commitments

Explore our most recent investment activity below, or use the dropdowns to search years’ past.

Asset class Closing/subs date Manager name Commitment View archive
Hedge Funds - - -
Strategic Credit

January 26, 2024

August 7, 2024

August 22, 2024

Chorus Capital Credit Fund V USD SCSp

Irradiant CLO Opportunities Fund, L.P.

Alcentra Structured Credit Opportunities Fund V (USD) L.P.

$100 Million

$150 Million

$100 Million

Distressed Debt

September 30, 2024

November 1, 2024

Monarch Capital Partners VI LP

Silver Point Select Overflow Fund, L.P.

$100 Million

$25 Million

Direct Lending

April 1, 2024

August 1, 2024

November 15, 2024

Comvest Credit Partners VII Levered (Delaware) Feeder L.P.
Crescent (TX) Direct Lending Fund, L.P.

OrbiMed Royalty & Credit Opportunities V, LP

$100 Million

$50 Million

$150 Million

Private Equity

January 3, 2024

January 31, 2024

February 2, 2024

February 15, 2024

February 15, 2024

March 22, 2024

June 4, 2024

June 20, 2024

September 9, 2024

October 25, 2024

October 31, 2024

November 13, 2024

TCG Crossover Fund II, L.P.

Carnelian Energy Capital V, L.P.

TCG Labs Fund I, LP

Main Capital VIII Coöperatief U.A.

Main Foundation II Coöperatief U.A.

Helix Kapital 3.1 AB

H.I.G. Capital Partners VII-A, L.P.

Nautic Partners XI, L.P.

ShoreView Capital Partners V, L.P.

AKKR Strategic Capital LP

Novacap TMT International NV CV, L.P.

Linden Capital Partners VI LP

$30 Million

$50 Million

$10 Million

€35 Million

€22 Million

kr310 Million

$54 Million

$120 Million

$58 Million

$72.5 Million

$30 Million

$75 Million

Private Real Estate - - -