The Texas County & District Retirement System has committed €35 million, approximately $40.5 million, to Aspira Fund I (D) AB, according to the retirement system’s latest investment disclosure. TCDRS listed Aug. 18 as the closing or subscription date for the private equity commitment.

Stockholm-based Aspira Partners invests in profitable small and mid-sized, entrepreneur-led companies in the Nordic region. The firm says it works with company founders and management teams to pursue growth through industry consolidation, organizational investment and international expansion.

TCDRS has approximately $56.48 billion in total net assets, according to the Texas Pension Review Board. Albourne America serves as the retirement system’s alternative investment consultant.

Editor’s note: If your fund has a news announcement to submit, email [email protected].

About the Author: Allen Jones is the director of communications and event marketing for TEXPERS, where he leads editorial strategy, member communications, conference marketing, and digital engagement initiatives for Texas public employee retirement systems. He began his journalism career in 1998 and has worked in journalism and communications for more than 25 years.