The Teacher Retirement System (TRS) of Texas has committed $100 million to Riverbend Kamino PIV, an oil and gas fund managed by Riverbend Energy Group, the pension fund revealed in a commitment report for August.
The commitment was made on behalf of Texas TRS’s energy, natural resources and infrastructure (ENRI) portfolio and represents an existing relationship for the pension fund.
Riverbend Kamino PIV launched in August, according to a recent SEC filing. A fundraising target was not disclosed. Riverbend Energy Group pursues various investment opportunities across the U.S. energy landscape. The company’s portfolios include operated, non-operated, and mineral and royalty assets in oil and gas, as well as investments in the energy-transition sector.