The $225 billion Teacher Retirement System (TRS) of Texas has committed $68.9 million to the Riverstone Iris Continuation Fund during the month of November on behalf of its Energy, Natural Resources and Infrastructure (ENRI) portfolio.
Riverstone Iris Continuation Fund is a single-asset energy fund continuation vehicle managed by Riverstone Investment Group. The manager has an existing relationship with the pension fund.
Additional details about the continuation fund could not be determined at the time of publication.
Texas TRS’ ENRI portfolio was valued at approximately $15.5 billion as of Aug. 31, representing 6.88 percent of the total portfolio.
