Texas Municipal Retirement System (TMRS) is a public pension fund, established in 1947 and administered under the Texas Municipal Retirement System Act. Each TMRS participating city has its own retirement plan within the general framework of the Act. Provisions may vary from city to city, depending upon the options selected by an individual municipality.
United States
$43
10.41
Debbie Muñoz
Yup S. Kim
Bill Philibert
34.9% Global equity
5.5% Core fixed income
6.8% Non-core fixed income
4.7% Hedge funds
4.2% Other private markets
13.2% Private equity
11.1% Real estate
5.9% Infrastructure
13% Private debt
0.7% Cash equivalents
Asset allocation as of December 31, 2024. All information is as per the most recent annual report or other publicly available data via the fund's website

