The Employees Retirement System of Texas (ERS) manages benefits for employees and retirees of State of Texas agencies and some higher education institutions. These benefits contribute to the financial security and overall well-being of employees, retirees and their families. The State of Texas Retirement program is a defined benefit retirement plan for eligible employees of State of Texas agencies, with mandatory participation.
United States
$40
12.5
Porter Wilson
David Veal
Craig Hester
35.5% Public Equity
17.4% Private Equity
7.3% Public Credit
3.7% Private Credit
1.9% Public Real Estate
9.6% Private Real Estate
6.1% Private Infrastructure
9% Rates
5.1% Hedge Funds
0.3% Special Situations
4% Cash
Asset allocation as of August 31, 2024. All information is as per the most recent annual report or other publicly available data via the fund's website