U.S. pension fund TRS of Texas commits $125m to TPG Asia vehicle

Portfolio includes Asia-Pacific health care company iNova Pharmaceuticals

20231010 DSA TRS TPG

The Teacher Retirement System (TRS) of Texas is betting on TPG Capital's Asia-focused buyout fund TPG Asia VIII. (NIKKEI montage/Screenshot from the TRS and TPG Capital websites)

MARS W. MOSQUEDA JR., DealStreetAsia

CEBU, Philippines -- U.S. pension fund Teacher Retirement System (TRS) of Texas has committed to invest $125 million in TPG Asia VIII, the latest iteration of TPG Capital's Asia-focused buyout funds.

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