Asset Owner Directory

Texas Municipal Retirement System (TMRS)

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

AUM ($B)




Chief Executive

David Wescoe 

Chief Investment Officer

David Hunter


Jesús A. Garza

Asset allocation

32.1% Global Public Equity

9.5% Absolute Return

8.7% Real Estate

4.4% Private Equity

3.9% Cash Equivalents

12.8% Core Fixed Income

17.7% Non-core Fixed Income

10.9% Real Return