The Teacher Retirement System (TRS) of Texas has announced nearly $260 million in new commitments in September.
EnCap Energy Capital Fund XIII, managed by EnCap Investment, received $200 million. This private equity vehicle is focused on providing growth capital to management teams in the North American upstream oil and gas sector. The fund began fundraising in 2026 and is the successor to EnCap Energy Capital Fund XII, which exceeded its initial target and closed with $5.25 billion in capital commitments.
White Rock Opportunities Fund I, a vehicle managed by White Rock Resources, received a $50 million allocation from TRS. The closed-end strategy invests in upstream oil and gas in the United States and is structured as a continuation vehicle. A fundraising goal was not disclosed.
Tailwater Infrastructure CV I, a fund managed by Tailwater Capital, received $9.9 million for its closed
