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IRS 1099-Rs and retiree Benefit Statements are now available online. Sign into your account and go to the Documents card on your dashboard to view.
Paper copies will mail by Jan. 31. Please allow 10 business days to receive.
Recent Investment Activity
See our recent board activity and investment commitments.
Board of Trustees
September 2025
The board approved changes to the Investment Policy as suggested by staff, investment consultants and the board’s fiduciary attorney. The material changes involve revising the TCDRS private equity co-investment policy as well as clarifying the requirements for investing in private equity continuation vehicles. The changes help TCDRS lower overall costs and increase efficiency when analyzing potential investments.
Past Board Meetings
March 2025
The board approved the 2025 capital market assumptions as recommended by Cliffwater. The board also adopted the 2025 asset allocation plan as proposed by CIO and Cliffwater. The board updated the investment policy to reflect these changes. Finally, the board voted to retain NEPC as the general investment consultant and Albourne as the alternative investments consultant.
September 2024
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.
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 | - | - | - | |
| Distressed Debt | - | - | - | |
| Direct Lending | - | - | - | |
| Private Equity | - | - | - | |
| Private Real Estate | - | - | - |