Texas Teachers

Texas Teachers overhauls equities

Texas Teachers has made extensive changes to its equities portfolio, increasing risk premia, reducing active management and applying new strategies developed by the fund’s research arm.

Amanda WhiteNovember 30, 2017

Texas Teachers bears down on fees

The $140 billion Teacher Retirement System of Texas is renegotiating its deals with hedge fund managers including moving to a 1-and 30 fee model as it looks to realign fees across the board.

Sarah RundellJune 20, 2017

US public pensions take to social media

US public pension funds, under fire for the sustainability of their defined-benefit plans, are increasingly opening a new social-media front line in the battle to influence public opinion. The Maryland State Retirement and Pension System is the latest to step up its social media presence, posting its first You Tube video, which outlines the positive […]

SAM RILEYApril 18, 2012

Uncategorised posts

Texas Teachers extends manager partnerships

Texas Teachers Retirement System has extended a unique public markets strategic partnership structure to two of its private market managers in a move it claims will give the fund a long-term strategic advantage over other investors.

SAM RILEYNovember 16, 2011

Uncategorised posts

High-maintenance Hedgie Seeks Indulgent Insto, VM

Without question my favourite car is a 1960 Mercedes Benz 190SL. Recently I was thinking that maybe my expectations from such a car are similar to the way institutional investors think about hedge funds. It’s certainly uncorrelated to my other car.

Amanda WhiteJune 22, 2011

Investor Profile

Texas Teachers wants more discretion over external managers/derivatives…

The investment team of the $97 billion Teachers’ Retirement System of Texas will request the removal of sunset clauses on its use of external managers and derivatives, or at least increase the maximum limit on external managers from 30 to 50 per cent of the fund, at a legislative hearing in August.

Amanda WhiteJune 22, 2010