Teacher Retirement System of Texas commits $136 million to infrastructure funds

Type: Investment · Technology: Mining · Country: United States · Value: $136M · Announced: 2026-07-10

The Teacher Retirement System of Texas (TRS) committed $136 million to infrastructure funds in June 2026, allocating $100 million to Tailwater Capital across two funds. Tailwater E&P Opportunity Fund III received $75 million to acquire and build assets in shale basins across North America, while TW Pickton Co-Invest secured $25 million for its opportunistic U.S. strategy. Additionally, GCM Grosvenor’s GCM Bullhorn fund obtained $36 million for opportunistic domestic investments. As of March 31, 2026, TRS managed $235.2 billion in total assets with a 6% infrastructure allocation target and $15.9 billion invested in infrastructure assets. The allocations reflect TRS’s strategic focus on energy and natural resources infrastructure within its broader portfolio.

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