Texas County & District Retirement System (TCDRS) has greenlighted a commitment of up to $75 million to Marcus Capital Partners Fund IV, according to a recent investment report.
The commitment was made on behalf of TCDRS’s private real estate portfolio.
Marcus Capital Partners Fund IV is a value-added fund managed by Marcus Partners. The fund has raised more than $337 million against an unknown target, according to a March 1 filing with the SEC. The filing notes that 47 investors have participated in the capital raise so far — among them, the Delaware Public Employees Retirement System.
Fund IV is l