The Texas Municipal Retirement System (TMRS) has committed $450 million to three infrastructure funds in recent months, according to an investment report from October.
The lion’s share of the commitments, or $200 million, went to Hull Street Energy Partners II, managed by Hull Street Energy. The firm makes controlling equity investments in middle-market energy opportunities, such as operating gas-fired power plants, operating and late-stage development renewable projects, electricity transmission and distribution assets, and demand-side resources, such as grid optimization, distributed generation and customer supply businesses.
Next, the pension fund committed $150 million to AIMPERA Fund III, and $100 million to AIMPERA III Co-invest, both noncore funds managed by AIMPERAC Capital Partners. The private investment firm seeks to invest in asset-rich operating businesses tha
