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.
Portfolio includes Asia-Pacific health care company iNova Pharmaceuticals

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)
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.