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Texas Municipal Retirement commits $150m to SDC digital infrastructure fund
Investors - JULY 3, 2024

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Texas Municipal Retirement commits $150m to SDC digital infrastructure fund

by Lewis Dayton

The Texas Municipal Retirement System (TMRS) has committed $150 million to SDC Digital Infrastructure Opportunity Fund IV, a recent meeting document shows.

The SDC Digital Infrastructure Opportunity Fund IV is managed by SDC Capital Partners and invests in IT and communications infrastructure, including in data centers, network and fiber, wireless infrastructure and managed IT/cloud infrastructure.

As of Dec. 31, 2023, the TMRS had 8.9 percent of its portfolio allocated toward other public & private markets, within which infrastructure assets reside.

SDC Capital Partners also raised $60 million from the San Francisco Employees’ Retirement System for the fund earlier this year.

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