The Teacher Retirement System of Texas (TRS) committed $424.5 million to energy, natural resources and infrastructure commitments in December 2024, according to a TRS commitments review correspondence.
Northampton Capital Partners, a vehicle of Northampton Capital Partners, received $150 million. This fund targets value-add opportunities in the United States. Another program of Northampton Capital Partners, SP Nexus Holdings, received $150 million. It also will invest in value-add opportunities in the United States.
In addition, TRS committed $25 million to AL GCX FUND VII Co-Invest-A, a vehicle of ArcLight Capital Partners. This fund utilizes a value-add strategy for prospects in the United States.
Brigham Royalties Management’s Brigham Royalties Fund received $75 million in commitments from TRS. It will focus on opportunistic options in the United States.
KEPE Continuation Fund I, a program of Kayne Private Energy Income Manager, received $24.5 millio