The Teacher Retirement System of Texas (TRS) has committed $206.3 million to infrastructure funds in March.
Kayne Private Energy Income Fund III, a vehicle of Kayne Private Energy Income Manager, is an opportunistic fund that received $100 million, with a focus on the United States.
Karolia PIV, another program of Kayne Private Energy, received $100 million for its opportunistic investment strategy in the United States.
Blackstone Whitecap Co-Invest, a vehicle of Blackstone Management Partners, is an opportunistic fund, focused on global opportunities. This fund was allocated $6.3 million.
TRS is a public pension fund that oversees $200 billion in total assets, as of Dec. 31, 2024.