![[Updated] US pension fund TCDRS commits $70m to China-focused venture funds](https://media.dealstreetasia.com/uploads/2018/06/photo-1528279455837-b87113226907-e1617944660671.jpg?fit=1050,519&resize=1920,undefined&q=75)
Texas County & District Retirement System (TCDRS) has committed $40 million to two investment vehicles managed by Chinese venture capital firm Source Code Capital and another $30 million to an IDG Breyer Capital fund.
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