Texas County & District, Oregon commit to CDH Fund V
CDH has secured commitments for its fifth fund from both Texas County & District Retirement System (TCDRS) and Oregon Investment Council. The US pension funds have agreed to invest $50 million and $75 million, respectively, in the vehicle, which launched in September 2012 and has a target of $2 billion.
The Chinese GP reached a first close of $1 billion in February. LPs tell AVCJ that CDH will likely exceed its target but restrict itself to less than the $2.5 billion hard cap. The private equity firm's...
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