Sort content by
Investor Profile

TRS fuels up for energy surge

The $155 billion Teacher Retirement System of Texas is restoring its target allocation to energy, as experts see favourable conditions due to higher US oil production and continued reliance on fossil fuels. This is at odds with other investors divesting from fossil fuels.
Sarah RundellSeptember 7, 2018
Fees

Texas Teachers bears down on fees

The $140 billion Teacher Retirement System of Texas is renegotiating its deals with hedge fund managers including moving to a 1-and 30 fee model as it looks to realign fees across the board.
Sarah RundellJune 20, 2017
Uncategorised posts

Extracting value from managers

Three funds find effective ways to get better value from staff, co-investment and private markets. The Danish ATP, Australian Sunsuper and the Teachers Retirement System of Texas are among the funds looking at innovative ways to extract value and interact with the managers of their private equity allocations. Institutional investors are increasingly seeking new ways […]
SAM RILEYMarch 30, 2012
Uncategorised posts

Limited partners hold fee-bargaining power

In a harsh capital-raising climate, ATP Private Equity Partners and TRS have different startegies on how to drive hard bargains on private equity fees. Institutional investors are gaining concessions on private equity management fees, with a near-record number of funds on the road seeking funds resulting in a shift in bargaining power to limited partners. […]
SAM RILEYMarch 30, 2012
<2of3>