Recent Investment Activity

See our recent board activity and investment commitments.

Board of Trustees

December 2020

Cliffwater presented the 2021 private markets annual plan and the board adopted a clarifying amendment to the investment policy concerning the definition of co-investments.

 

2020 Board Meetings

September 2020

Cliffwater presented a due diligence review report on the REIT managers, and the board approved retention of Cohen & Steers and Dimensional Fund Advisors.

June 2020

The board approved the 2020 capital market assumptions as recommended by Cliffwater and adopted adjustments to the asset allocation. The asset allocation is projected to earn 8% over the long term based on the updated capital market assumptions with an expected risk of 13.01%.

Cliffwater presented a due diligence review report on the index funds’ manager, and the board approved retention of State Street Global Advisors as manager.

April 2020

The investment policy was amended to create a section for the Credit asset class and the board voted to retain the current MLP manager. 

February 2020

The board determined that the allocation of 2019 investment results will be 17.2% to employers’ total plan assets.

About TCDRS

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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

January 1, 2021

CapitalSpring Investment Partners VI, LP

$85 Million

Private Equity - - -
Private Real Estate - - -