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Monroe County ERS Commits $5M to Private Credit
By: Morgan Holycross, Content Marketing Associate
December 7, 2023
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Monroe County ERS Commits $5M to Private Credit
Monroe County Employees Retirement System has approved the commitment of $5 million to private credit at the October 3 board meeting. $5 million was committed to Monroe Capital Private Credit Fund V....
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Ohio Police & Fire Pension Commits $140M to Real Estate, Private Equity
By: Jane Bailey, Marketing Associate
December 7, 2023
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Ohio Police & Fire Pension Commits $140M to Real Estate, Private Equity
The Ohio Police and Fire Pension fund approved the commitment of $140 million across one real estate and one private equity fund, according to meeting notes from the December 6th board meeting. In...
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Fresno CERA Reviews Commitment Targets for Private Credit, Private Equity
By: Jane Bailey, Marketing Associate
December 7, 2023
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Fresno CERA Reviews Commitment Targets for Private Credit, Private Equity
The Fresno County Employees’ Retirement Association recently reviewed the Fund’s Private Credit Portfolio and 2024 objectives and the Private Equity Portfolio and 2024 objectives at their November...
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Iowa PERS Hires 7 Firms for Absolute Return Search
By: Helen Bascom, Marketing Associate
December 7, 2023
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Iowa PERS Hires 7 Firms for Absolute Return Search
The Iowa Public Employees’ Retirement System approved hiring 7 firms for their Absolute Return Search, according to minutes from the September 28th Board Meeting. The seven strategies hired for the...
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Maryland State Retirement Discloses $1.7B in New Investments
By: Helen Bascom, Marketing Associate
December 7, 2023
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Maryland State Retirement Discloses $1.7B in New Investments
The Maryland State Retirement & Pension Systems disclosed eleven investments totaling $1.795 billion, according to materials from the November Board meeting. Within private equity, $85 million was...
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Tennessee CRS Commits $175M to Private Equity
By: Jane Bailey, Marketing Associate
December 6, 2023
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Tennessee CRS Commits $175M to Private Equity
The Tennessee Consolidated Retirement System (TCRS) has approved the commitment of $175 million to private equity, according to meeting notes from the September 29th board meeting. The $175 million...
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Ontario Teachers Pension Plan Appoints Pierre Cherki as Real Estate Director
By: Koncheng Moua, Director of Data Management and Strategy
December 6, 2023
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Ontario Teachers Pension Plan Appoints Pierre Cherki as Real Estate Director
Pierre Cherki was appointed Executive Managing Director, Real Estate, effective January 22, 2024 and will be based in Toronto. According to a press release, “Cherki will oversee Ontario Teachers’...
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Boston Retirement System Preparing Search for International Small Cap Equity
By: Jane Bailey, Marketing Associate
December 6, 2023
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Boston Retirement System Preparing Search for International Small Cap Equity
The Boston Retirement System is preparing a search for international small cap equity. The search is expected to be issued in March 2024 according to a 2024 work plan. NEPC will assist with the...
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Hollywood Employees’ Retirement Fund Commits $11M to Alts
By: Helen Bascom, Marketing Associate
December 6, 2023
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Hollywood Employees’ Retirement Fund Commits $11M to Alts
The Hollywood Employees’ Retirement Fund disclosed three recent commitments to alternatives, totaling $11 million, according to the September 26th meeting minutes. In private credit, $3 million was...
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Cook County Preparing Private Credit Search
By: Morgan Holycross, Content Marketing Associate
December 6, 2023
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Cook County Preparing Private Credit Search
The Cook County Annuity and Benefit Fund is preparing to issue a search for private credit. A private infrastructure search was issued in September 2023. Callan recommended a private credit search to...
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Allegheny County Retirement Commits $5 million to Real Estate; Hires for Emerging Manager Program
By: Helen Bascom, Marketing Associate
December 5, 2023
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Allegheny County Retirement Commits $5 million to Real Estate; Hires for Emerging Manager Program
The Retirement Board of Allegheny County disclosed one new investment of $5 million to Washington Alliance Capital Fund II, according to meeting minutes from the October 19th board meeting....
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Chicago Teachers’ Pension Issues Private Credit RFP
By: Koncheng Moua, Director of Data Management and Strategy
December 5, 2023
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Chicago Teachers’ Pension Issues Private Credit RFP
The Chicago Teachers’ Pension Fund has issued an RFP for private credit managers. The mandate is for approximately $350 million and may be split among multiple managers. The deadline for submission...
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NY Common Commits $1.8B to Alts; Terminates International Equity Manager
By: Helen Bascom, Marketing Associate
December 5, 2023
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NY Common Commits $1.8B to Alts; Terminates International Equity Manager
The New York State Common Retirement Fund has disclosed nine commitments to alternatives, totaling $1.8 billion, according to materials from the September board meeting. Within private equity, $300...
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Alabama System Endowment Commits to Private Credit; Terminates Manager
By: Jane Bailey, Marketing Associate
December 5, 2023
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Alabama System Endowment Commits to Private Credit; Terminates Manager
The University of Alabama System Endowment has approved the commitment of $20 million to the private credit strategy, Yukon Capital Partners V, according to a video recording from the November 2nd...
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Oregon PERF Commits $250M to Hedge Fund
By: Jane Bailey, Marketing Associate
December 5, 2023
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Oregon PERF Commits $250M to Hedge Fund
The Oregon Public Employees Retirement Fund has approved the commitment of $250 million to the Capstone Dispersion Master Fund, according to meeting minutes from the October investment council...
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Sacramento County Employees’ Retirement Reviews 2024 Investment Plan
By: Helen Bascom, Marketing Associate
December 4, 2023
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Sacramento County Employees’ Retirement Reviews 2024 Investment Plan
The Sacramento County Employees’ Retirement System reviewed their 2024 investment plan at the recent November board meeting. The highlights from the investment plan for 2024 include: Absolute Return:...
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Municipal Fire & Police Retirement System of Iowa Commits $95M to Private Equity
By: Helen Bascom, Marketing Associate
December 4, 2023
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Municipal Fire & Police Retirement System of Iowa Commits $95M to Private Equity
The Municipal Fire & Police Retirement System of Iowa (MFPRSI) disclosed three commitments to private equity totaling $95 million, according to a report from the November 16th Board meeting. $45...
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Seattle City Retirement Commits $50M to Real Estate
By: Jane Bailey, Marketing Associate
December 4, 2023
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Seattle City Retirement Commits $50M to Real Estate
The Seattle City Employees’ Retirement System has approved two commitments to real estate totalling $50 million, according to meeting notes from their October 26th board meeting. $30 million was...
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Minnesota SBI Commits $775M to Private Markets
By: Jane Bailey, Marketing Associate
December 4, 2023
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Minnesota SBI Commits $775M to Private Markets
The Minnesota State Board of Investments (SBI) has approved five investments to private equity and real estate totalling $775 million according to meeting notes from the November 29th board meeting....
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Maryland National Capital Park Retirement Commits to Private Credit
By: Koncheng Moua, Director of Data Management and Strategy
December 1, 2023
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Maryland National Capital Park Retirement Commits to Private Credit
The Maryland-National Capital Park and Planning Commission Employees’ Retirement System has disclosed an investment in the Audax Senior Loan Fund V, according to meeting minutes from the October...
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Pompano Beach Police and Firefighters’ Retirement Commits $20M to Private Equity, Real Estate
By: Jane Bailey, Marketing Associate
December 1, 2023
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Pompano Beach Police and Firefighters’ Retirement Commits $20M to Private Equity, Real Estate
The Pompano Beach Police and Firefighters’ Retirement System makes four commitments totalling $20 million to private equity and real estate according to meeting notes from the October 16th board...
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San Joaquin Retirement Targeting $150M to Private Credit
By: Morgan Holycross, Content Marketing Associate
December 1, 2023
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San Joaquin Retirement Targeting $150M to Private Credit
The San Joaquin County Employees Retirement Association has reviewed their private credit investment plan at the recent November 3 board meeting. A presentation from their investment consultant,...
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Chicago Police Annuity & Benefit Fund Issues Private Infrastructure RFP
By: Jane Bailey, Marketing Associate
December 1, 2023
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Chicago Police Annuity & Benefit Fund Issues Private Infrastructure RFP
The Chicago Policemen’s Annuity and Benefit Fund has issued a request for proposal for a closed end infrastructure fund manager. The estimated allocation for the mandate is $10-15 million. Proposals...
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Kansas PERS Targeting $500M+ to Real Estate in 2024
By: Koncheng Moua, Director of Data Management and Strategy
December 1, 2023
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Kansas PERS Targeting $500M+ to Real Estate in 2024
The Kansas Public Employees’ Retirement System has reviewed their 2024 real estate commitment pacing plan at the recent November board meeting. According to a presentation from their real estate...
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Orange County ERS Targeting up to $400M to Real Assets in 2024
By: Helen Bascom, Marketing Associate
November 30, 2023
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Orange County ERS Targeting up to $400M to Real Assets in 2024
The Orange County Employees Retirement System has reviewed real assets commitment pacing for 2024. According to a presentation from Aksia, OCERS will look to commit $350-$500 million in real assets...
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Denver Employees Retirement Plan Hires NEPC for Investment Consulting
By: Helen Bascom, Marketing Associate
November 30, 2023
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Denver Employees Retirement Plan Hires NEPC for Investment Consulting
The Denver Employees Retirement Plan has chosen NEPC for the investment consultant RFP. DERP has used Meketa for the previous five years. Two other undisclosed finalists were considered. For more...
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DC Retirement Commits $225M to Alternatives
By: Helen Bascom, Marketing Associate
November 30, 2023
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DC Retirement Commits $225M to Alternatives
The District of Columbia Retirement Board disclosed three recent commitments to alternatives, totaling $225 million. Within private equity, $50 million was allocated to Clearhaven Fund II and $75...
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Boston Retirement Selects Two Managers For Real Estate Search
By: Morgan Holycross, Content Marketing Associate
November 30, 2023
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Boston Retirement Selects Two Managers For Real Estate Search
Boston Retirement System has selected Cohen Steers Real Estate Opportunities Fund and Ares US Real Estate Opportunity Fund IV for their real estate search, according to the September 20 board meeting...
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Kansas PERS Commits $135M to Alts
By: Jane Bailey, Marketing Associate
November 30, 2023
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Kansas PERS Commits $135M to Alts
The Kansas Public Employees Retirement System has committed $75 million to real estate and $60 million to private equity according to meeting notes from their November 16th board meeting. In real...
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New Mexico SIC Commits $625M to Private Credit, Private Equity
By: Jane Bailey, Marketing Associate
November 29, 2023
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New Mexico SIC Commits $625M to Private Credit, Private Equity
The New Mexico State Investment Council has approved 5 commitments to private credit and private equity totalling $625 million, according to meeting minutes from their October 24th board meeting. In...
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Contra Costa Employees Retirement Targeting $350M to Private Equity
By: Morgan Holycross, Content Marketing Associate
November 29, 2023
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Contra Costa Employees Retirement Targeting $350M to Private Equity
The Contra Costa Employees Retirement Association has reviewed the private equity commitment pacing for 2024. From the November 1 board meeting, StepStone recommends committing $350 million to...
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Ohio SERS Commits $115M to Alts
By: Jane Bailey, Marketing Associate
November 29, 2023
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Ohio SERS Commits $115M to Alts
The School Employees’ Retirement System of Ohio has approved two alternative investments totalling $115 million, according to notes from the November 16th board meeting. $75 million was allocated to...
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Los Angeles Water & Power Renews Real Estate Consultant
By: Helen Bascom, Marketing Associate
November 29, 2023
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Los Angeles Water & Power Renews Real Estate Consultant
The Los Angeles Water & Power Employees’ Retirement Plan has extended its contract with StepStone Group for real estate consulting services. The contract that was set to expire in 2024 was extended...
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New Hampshire Retirement Considering Increases to Private Credit, Infrastructure
By: Helen Bascom, Marketing Associate
November 29, 2023
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New Hampshire Retirement Considering Increases to Private Credit, Infrastructure
The New Hampshire Retirement System was presented a new portfolio mix proposal by consultant Callan. The new mix would include: - Private Credit 10% (+5%) - Private Infrastructure 5% (+5%) - Global...
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Dallas Police & Fire Pension Hires WCM for Global Growth Equity Search
By: Morgan Holycross, Content Marketing Associate
November 28, 2023
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Dallas Police & Fire Pension Hires WCM for Global Growth Equity Search
The Dallas Police & Fire Pension System has selected WCM Quality Global Growth for the Global Growth Equity search according to meeting minutes from the October 12 board meeting. Approximately $120...
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Chicago Park Employees’ Annuity & Benefit Fund Selects 2 Managers for Fixed Income Search
By: Helen Bascom, Marketing Associate
November 28, 2023
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Chicago Park Employees’ Annuity & Benefit Fund Selects 2 Managers for Fixed Income Search
The Park Employees’ Annuity & Benefit Board of Chicago has selected Garcia Hamilton & Associates and Loop Capital for a fixed income search, according to materials from the September Retirement Board...
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Washington State Investment Board Commits $650M to Alts
By: Helen Bascom, Marketing Associate
November 28, 2023
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Washington State Investment Board Commits $650M to Alts
The Washington State Investment Board disclosed three recent commitments to alternatives totaling $650 million. In private equity, $100 million was committed to Fisher Lynch Co-Investment V. In real...
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Oklahoma TRS Commits $100M to Real Estate
By: Helen Bascom, Marketing Associate
November 28, 2023
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Oklahoma TRS Commits $100M to Real Estate
The Teachers’ Retirement System of Oklahoma disclosed a $100 million investment to real estate from their November 15th board meeting. $100 million was committed to Landmark Real Estate Fund IX....
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Hartford Municipal Employees’ Retirement Extends Contract with Meketa as Private Equity Consultant
By: Helen Bascom, Marketing Associate
November 28, 2023
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Hartford Municipal Employees’ Retirement Extends Contract with Meketa as Private Equity Consultant
The City of Hartford Municipal Employees’ Retirement Fund has extended their contract with Meketa as private equity consultant according to materials from the October 27th board meeting. As of...
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Baltimore ERS Narrows Private Credit Search to Two
By: Morgan Holycross, Content Marketing Associate
November 27, 2023
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Baltimore ERS Narrows Private Credit Search to Two
The City of Baltimore Employees Retirement System has narrowed the private credit direct lending search that was issued earlier this year to two finalists. Brightwood Capital and The Carlyle Group...
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Hollywood Police Retirement Commits $8M to Small Cap Core
By: Jane Bailey, Marketing Associate
November 27, 2023
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Hollywood Police Retirement Commits $8M to Small Cap Core
The Hollywood Police Officers’ Retirement System has allocated $8 million to Ziegler Capital Small Cap Core strategy, according to notes from their October 27th meeting. AndCo assisted with the...
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Rest Super Commits $1B to Renewable & Clean Energy Infrastructure Manager
By: Jane Bailey, Marketing Associate
November 27, 2023
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Rest Super Commits $1B to Renewable & Clean Energy Infrastructure Manager
Rest Super has disclosed a $1 billion investment to Quinbrook Infrastructure Partners, a renewable and clean energy infrastructure manager. According to a recent press release, Quinbrook’s investment...
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Delaware Public Employees’ Retirement Commits $50M to Alts
By: Helen Bascom, Marketing Associate
November 27, 2023
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Delaware Public Employees’ Retirement Commits $50M to Alts
The Delaware Public Employees’ Retirement System disclosed two new investments to alternatives totaling $50 million according to October Investment Committee meeting minutes. $20 million was...
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Virginia Retirement Commits $865M to Alts; Terminates 2 Strategies
By: Helen Bascom, Marketing Associate
November 27, 2023
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Virginia Retirement Commits $865M to Alts; Terminates 2 Strategies
The Virginia Retirement System disclosed five recent commitments to alternatives totaling $865 million, according to materials from the November Investment Advisory Committee (IAC) Meeting. In real...
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Baltimore Employees’ Retirement Considering Search for International Small Cap Value
By: Koncheng Moua, Director of Data Management and Strategy
November 22, 2023
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Baltimore Employees’ Retirement Considering Search for International Small Cap Value
The City of Baltimore Employees’ Retirement System will be developing search criteria for alternative strategies for an International Small Cap Value mandate. According to meeting minutes from the...
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Macomb County Hires Two for Private Credit Search
By: Koncheng Moua, Director of Data Management and Strategy
November 22, 2023
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Macomb County Hires Two for Private Credit Search
The Macomb County Retirement System has selected two managers for a private credit search. $7 million was awarded to PennantPark and $5 million will be allocated to EnTrust Blue Ocean. AndCo assisted...
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LA Fire & Police Pension Retains Townsend as Real Estate Consultant
By: Morgan Holycross, Content Marketing Associate
November 22, 2023
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LA Fire & Police Pension Retains Townsend as Real Estate Consultant
The Los Angeles Fire & Police Pension System are expected to renew Townsend as their real estate consultant, according to materials from the November 16 board meeting. A recommendation was made at...
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Louisiana SERS Commits $100M to Private Equity
By: Jane Bailey, Marketing Associate
November 22, 2023
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Louisiana SERS Commits $100M to Private Equity
The Louisiana State Employees Retirement System (LASERS) approved the commitment of $100 million to private equity, according to meeting notes from the October 26th meeting. The $100 million was...
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Arkansas PERS Commits $50M to Real Estate; Hires William Blair for Large Cap Growth Search
By: Jane Bailey, Marketing Associate
November 21, 2023
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Arkansas PERS Commits $50M to Real Estate; Hires William Blair for Large Cap Growth Search
The Arkansas Public Employees Retirement System has committed $50 million to the real estate fund Harrison Street Fund IX, according to meeting notes from the November 15th board meeting. The Large...
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IMRF Commits $440M to Alts; Terminates Emerging Markets Strategy
By: Helen Bascom, Marketing Associate
November 21, 2023
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IMRF Commits $440M to Alts; Terminates Emerging Markets Strategy
The Illinois Municipal Retirement Fund disclosed seven new commitments to alternatives totaling $440 million. In private equity, $30 million was allocated to Agent Capital Fund III, $50 million to...
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Plymouth County Retirement Commits $30M for Private Equity Search
By: Jane Bailey, Marketing Associate
November 20, 2023
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Plymouth County Retirement Commits $30M for Private Equity Search
The Plymouth County Retirement Association selected three managers for the private equity search that was issued in June 2023, according to meeting materials from their September 26th board meeting....
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LA Fire & Police Pension Commits $17.5M to Private Equity
By: Helen Bascom, Marketing Associate
November 20, 2023
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LA Fire & Police Pension Commits $17.5M to Private Equity
The Los Angeles Fire & Police Pension System disclosed two recent commitments to private equity totaling $17.5 million, according to materials from the November Board Meeting. In private equity, $10...
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Fort Lauderdale Police & Fire Commits $35M to Private Credit
By: Koncheng Moua, Director of Data Management and Strategy
November 17, 2023
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Fort Lauderdale Police & Fire Commits $35M to Private Credit
The City of Fort Lauderdale Police & Firefighters’ Retirement System has approved a $35 million commitment to the Churchill Fund V. CAPTRUST assisted with the private credit investment. As of...
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CalPERS Commits $5.488B to Alts
By: Helen Bascom, Marketing Associate
November 17, 2023
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CalPERS Commits $5.488B to Alts
The California Public Employees’ Retirement System (CalPERS) disclosed 29 commitments to alternatives, totaling $5.488 billion, made in Q2 according to materials from the November Investment...
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Knoxville Pension Board Commits $10M to Private Credit
By: Jane Bailey, Marketing Associate
November 16, 2023
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Knoxville Pension Board Commits $10M to Private Credit
The City of Knoxville Pension Board has approved the commitment of $10 million to private credit, according to meeting minutes from the September board meeting. $10 million was allocated to AG Direct...
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Imperial County Retirement Increases Target to Private Credit
By: Koncheng Moua, Director of Data Management and Strategy
November 16, 2023
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Imperial County Retirement Increases Target to Private Credit
The Imperial County Employees’ Retirement System has approved increasing their target allocation to private credit. The private credit target allocation was raised by 3% to 8%. As a result, the...
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Kansas City PSRS Reviews Five Firms for Private Credit Search
By: Jane Bailey, Marketing Associate
November 15, 2023
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Kansas City PSRS Reviews Five Firms for Private Credit Search
The Kansas City Public School Retirement System has reviewed five firms for the private credit search. Candidates for the search include Churchill Asset Management, Golub Capital, Lafayette Square,...
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New Mexico ERB Commits $585M to Alts
By: Helen Bascom, Marketing Associate
November 15, 2023
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New Mexico ERB Commits $585M to Alts
The New Mexico Educational Retirement Board disclosed seven recent commitments to alternatives totaling $585 million, according to Board of Trustees Meeting Minutes. In private equity, $75 million...
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ND State Investment Board Commits $50M to Private Equity
By: Jane Bailey, Marketing Associate
November 14, 2023
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ND State Investment Board Commits $50M to Private Equity
The North Dakota State Investment Board disclosed a $50 million commitment to Kelso Investment Associates XI. Kelso Investment Associates XI is a middle market buyout strategy focusing on North...
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Louisiana TRS Commits $225M to Private Credit, Private Equity
By: Helen Bascom, Marketing Associate
November 14, 2023
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Louisiana TRS Commits $225M to Private Credit, Private Equity
The Teachers Retirement System of Louisiana disclosed two recent commitments to alternatives totaling $225 million. In private credit, $125 million was committed to KSL Capital Partners Tactical...
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Macomb County Retirement Commits $7.5M to Real Estate
By: Jane Bailey, Marketing Associate
November 13, 2023
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Macomb County Retirement Commits $7.5M to Real Estate
The Macomb County Retirement System approved the commitment of $7.5 million to the TerraCap Fund IV, according to meeting minutes from the October 19th board meeting. The Retirement System’s...
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Connecticut Retirement Commits $375M to Private Equity, Real Estate
By: Helen Bascom, Marketing Associate
November 13, 2023
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Connecticut Retirement Commits $375M to Private Equity, Real Estate
The Connecticut Retirement Plans and Trust disclosed three recent commitments to alternatives, totaling $375 million, according to meeting minutes. In private equity, $150 million was allocated to...
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Florida SBA Commits $1.45B to Alts
By: Helen Bascom, Marketing Associate
November 10, 2023
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Florida SBA Commits $1.45B to Alts
The Florida State Board of Administration has disclosed 10 commitments to alternatives in Q3 totaling $1.458 billion. In private equity, $150 million was allocated to Searchlight Capital Partners IV,...
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San Mateo Retirement Evaluating Two Firms for EM Debt Search
By: Koncheng Moua, Director of Data Management and Strategy
November 10, 2023
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San Mateo Retirement Evaluating Two Firms for EM Debt Search
The San Mateo County Employees’ Retirement Association has narrowed the Emerging markets Debt search to two firms, Eaton Vance and Franklin Templeton. The $6 billion Retirement Association and their...
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San Francisco ERS Commits $70M to Real Estate
By: Jane Bailey, Marketing Associate
November 9, 2023
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San Francisco ERS Commits $70M to Real Estate
The San Francisco Employees Retirement System approved the commitment of $70 million to real estate, according to materials from their November 8th board meeting. The investment was made to Alterra...
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Fort Lauderdale Police & Firefighters’ Retirement Approves $10M Small Cap Growth Allocation
By: Helen Bascom, Marketing Associate
November 9, 2023
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Fort Lauderdale Police & Firefighters’ Retirement Approves $10M Small Cap Growth Allocation
The City of Fort Lauderdale Police & Firefighters’ Retirement System approved a $10 million allocation to the Chatham Small Cap Growth strategy, according to the September Board of Trustees meeting...
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NY Common Retirement Fund Commits $50M to Private Equity
By: Jane Bailey, Marketing Associate
November 8, 2023
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NY Common Retirement Fund Commits $50M to Private Equity
The New York State Common Retirement Fund approved a commitment to private equity. $50 million was allocated to Hamilton Lane New York Small Business Investment Company Fund II, according to their...
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Texas TRS Commits $170M to Private Equity
By: Helen Bascom, Marketing Associate
November 8, 2023
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Texas TRS Commits $170M to Private Equity
The Teachers Retirement System of Texas disclosed two recent allocations to private equity totaling $170 million. $150 million was allocated to Ridgewood Energy PIV, an energy focused private equity...
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Kern County ERA Commits to Real Assets; Terminates EM Equity Manager
By: Jane Bailey, Marketing Associate
November 7, 2023
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Kern County ERA Commits to Real Assets; Terminates EM Equity Manager
The Kern County Employees’ Retirement Association approved the commitment of $40 million to the ITE Rail Fund, according to notes from the November 1st meeting. Additionally, the board approved the...
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New Jersey DOI Commits $475M to Alts
By: Helen Bascom, Marketing Associate
November 7, 2023
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New Jersey DOI Commits $475M to Alts
The New Jersey Division of Investments has made three alternative investments totaling $475 million. Within private equity, $150 million was committed to Altaris Health Partners VI and $100 million...
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Illinois SURS Appoints New CIO
The State Universities Retirement System of Illinois has named Michael Schlachter as the System’s new CIO, effective November 14, 2023. Previously, Schlachter acted as the managing director and...
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Illinois TRS Commits $1.175B to Alts, Equities
By: Helen Bascom, Marketing Associate
November 6, 2023
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Illinois TRS Commits $1.175B to Alts, Equities
The Teachers’ Retirement System of Illinois disclosed 10 commitments totaling $1.175 billion according to a recent press release. Within private equity, $200 million was allocated to New Mountain...
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Vermont Pension Commits $100M to Private Equity, Private Credit
By: Jane Bailey, Marketing Associate
November 3, 2023
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Vermont Pension Commits $100M to Private Equity, Private Credit
The Vermont Pension Investment Committee approved two allocations to private equity and private credit, according to notes from their September 26th meeting. In private equity, $25 million was...
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New Mexico SIC Commits $570M to Alts; Hires Alliance Bernstein for High Yield Search
By: Helen Bascom, Marketing Associate
November 3, 2023
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New Mexico SIC Commits $570M to Alts; Hires Alliance Bernstein for High Yield Search
The New Mexico State Investment Council disclosed seven recent commitments to alternatives totaling $570 million, according to minutes from the September investment council meeting. Within private...
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New Jersey DOI Targets $100 Million Commitment in Altaris Health Partners V
By: Koncheng Moua, Director of Data Management and Strategy
November 2, 2023
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New Jersey DOI Targets $100 Million Commitment in Altaris Health Partners V
The New Jersey Division of Investment (DOI) is poised to invest up to $100 million in Altaris Health Partners V, L.P., according to a memo from DOI Director Corey Amon. This proposal is part of the...
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Plymouth County Retirement Narrows Private Infrastructure Search
By: Koncheng Moua, Director of Data Management and Strategy
November 2, 2023
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Plymouth County Retirement Narrows Private Infrastructure Search
The Plymouth County Retirement Association (PCRA) has narrowed the strategic decision in its infrastructure investment portfolio, with Global Infrastructure Partners V (GIP V) and the IFM Global...
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St. Louis Firemen’s Retirement Hires International Small Cap Manager
By: Koncheng Moua, Director of Data Management and Strategy
November 1, 2023
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St. Louis Firemen’s Retirement Hires International Small Cap Manager
The St. Louis Firemen’s Retirement Plan has approved hiring Thompson, Siegel & Walmsley as the international small cap manager, according to meeting minutes from the September 28 board meeting. TS&W...
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Colorado Fire & Police Pension Association Commits $15M to Venture Capital
By: Helen Bascom, Marketing Associate
November 1, 2023
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Colorado Fire & Police Pension Association Commits $15M to Venture Capital
The Colorado Fire & Police Pension Association disclosed a recent commitment of $15 million to StepStone VC Global Partners XI. StepStone VC Global Partners XI is a $1.0 billion fund that will invest...
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NY Common Commits $825M to Alts
By: Koncheng Moua, Director of Data Management and Strategy
October 31, 2023
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NY Common Commits $825M to Alts
The New York State Common Retirement Fund has disclosed four alternative investments totaling $825 million. In private equity, $250 million was committed to PSG VI and $175 million to 57 Stars Global...
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NY STRS Hires Consultants for Private Equity, Private Debt, Real Estate
By: Koncheng Moua, Director of Data Management and Strategy
October 31, 2023
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NY STRS Hires Consultants for Private Equity, Private Debt, Real Estate
The New York State Teachers’ Retirement System has appointed consultants for private equity, private debt, and real estate at the October board meeting. The contract with StepStone Group was renewed...
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Stanislau County ERA Commits $10M to Private Equity
By: Koncheng Moua, Director of Data Management and Strategy
October 30, 2023
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Stanislau County ERA Commits $10M to Private Equity
Stanislau County Employees’ Retirement Association has disclosed a $10 million commitment to the Gridiron Capital Fund V. Gridiron Capital is a private equity firm focused on the US middle market in...
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Miami Beach Fire & Police Pension Commits $20M to Private Equity
By: Helen Bascom, Marketing Associate
October 30, 2023
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Miami Beach Fire & Police Pension Commits $20M to Private Equity
The Miami Beach Fire & Police Pension Fund disclosed three recent commitments to private equity totaling $20 million, according to the September Board meeting minutes. $5 million was allocated to...
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Macomb County Retirement Hires Neuberger Berman for Private Equity Search
By: Koncheng Moua, Director of Data Management and Strategy
October 27, 2023
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Macomb County Retirement Hires Neuberger Berman for Private Equity Search
The Macomb County Retirement System has approved a $10 million commitment to Neuberger Berman, according to minutes from the October board meeting. The private equity commitment is part of a private...
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Seattle City ERS Commits $30M to Private Credit
By: Koncheng Moua, Director of Data Management and Strategy
October 27, 2023
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Seattle City ERS Commits $30M to Private Credit
The Seattle City Employees’ Retirement System has approved a commitment of up to $30 million to Monarch Capital Partners VI. According to meeting minutes from the September board meeting, “funding...
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Ventura County ERA Commits $25M to Aviation Strategy
By: Helen Bascom, Marketing Associate
October 26, 2023
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Ventura County ERA Commits $25M to Aviation Strategy
The Ventura County Employees’ Retirement Association has made a $25 million commitment to the PIMCO Aviation Income Partners II. “In AIP II, PIMCO is co-investing with High Ridge Aviation (HRA) to...
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Ohio STRS Hires Investment Consultant
By: Jane Bailey, Marketing Associate
October 26, 2023
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Ohio STRS Hires Investment Consultant
The State Teachers Retirement System of Ohio has selected Meketa as the new general investment consultant according to board news from the October meeting. Three other firms were considered including...
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School Employees’ Retirement System of Ohio Commits $50M to Private Equity; Approves New Target Allocations for Private and Global Equities.
By: Helen Bascom, Marketing Associate
October 25, 2023
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School Employees’ Retirement System of Ohio Commits $50M to Private Equity; Approves New Target Allocations for Private and Global Equities.
The School Employees' Retirement System of Ohio has committed $50 million to Private Equity and approved a new target asset allocation mix according to materials from the October investment board...
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Stanislaus County ERA Commits $10M to Private Equity
By: Jane Bailey, Marketing Associate
October 25, 2023
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Stanislaus County ERA Commits $10M to Private Equity
The Stanislaus County Employees’ Retirement Association (StanCERA) approved the commitment of $10 million to private equity. The investment was made to Gridiron Capital Fund V and will be allocated...
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Ann Arbor Retirement Commits $10M to PIMCO Private Income Fund
By: Koncheng Moua, Director of Data Management and Strategy
October 24, 2023
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Ann Arbor Retirement Commits $10M to PIMCO Private Income Fund
The Ann Arbor Employee Retirement System has disclosed a $10 million commitment to the PIMCO Private Income Fund. The investment will be made in two separate tranches. $5 million will be committed in...
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Houston Firefighters’ Retirement Commits $55M to Alts
By: Koncheng Moua, Director of Data Management and Strategy
October 24, 2023
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Houston Firefighters’ Retirement Commits $55M to Alts
The Houston Firefighters’ Relief and Retirement Fund has approved two alternative commitments totaling up to $55 million. $30 million was committed to Rialto Real Estate Fund V, a real estate debt...
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Dallas Police & Fire Hire WCM for Global Growth Equity Search
By: Koncheng Moua, Director of Data Management and Strategy
October 20, 2023
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Dallas Police & Fire Hire WCM for Global Growth Equity Search
The Dallas Police & Fire Pension System has selected WCM Investment Management for the Global Growth Equity search that was issued as a result of terminating Invesco at the March 2023 board meeting....
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New Hampshire Commits $50M to Private Credit
By: Koncheng Moua, Director of Data Management and Strategy
October 20, 2023
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New Hampshire Commits $50M to Private Credit
The New Hampshire Retirement has approved a $50 million commitment to private credit according to minutes from the October investment committee meeting. $50 million was committed to the Strategic...
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Illinois TRS Appoints Ghiané Jones as Deputy CIO
By: Koncheng Moua, Director of Data Management and Strategy
October 19, 2023
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Illinois TRS Appoints Ghiané Jones as Deputy CIO
Ghiané Jones has been appointed Deputy Chief Investment Officer of the $67 billion Teacher Retirement System. Jones was previously managing principal and investment consultant at Meketa. Jones will...
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Louisiana Firefighters’ Retirement to Interview Three Firms for Global Multi-Sector Fixed Income Search
By: Helen Bascom, Marketing Associate
October 19, 2023
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Louisiana Firefighters’ Retirement to Interview Three Firms for Global Multi-Sector Fixed Income Search
The Firefighters’ Retirement System of Louisiana has narrowed down the global multi-sector fixed income manager search to three firms. NEPC will further evaluate Brandywine, Loomis Sayles, and Fort...
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Illinois Police Officers Pension to Interview 9 Candidates for International Small Cap Search
By: Helen Bascom, Marketing Associate
October 18, 2023
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Illinois Police Officers Pension to Interview 9 Candidates for International Small Cap Search
The Illinois Police Officers Pension Fund will review nine candidates for the international small cap manager search, according to materials from the October meeting. The nine candidates that will be...
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LA Fire and Police Pension System Commits $20M to Venture Capital
By: Jane Bailey, Marketing Associate
October 18, 2023
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LA Fire and Police Pension System Commits $20M to Venture Capital
The Los Angeles Fire and Police Pension System disclosed a recent commitment of $20 million to venture capital. $20 million was allocated to Innovation Endeavors V. As of June 30, 2023, the $30...
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Fairfax County Educational Employees’ Retirement Commits $39.5M to Alts
By: Helen Bascom, Marketing Associate
October 17, 2023
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Fairfax County Educational Employees’ Retirement Commits $39.5M to Alts
The Fairfax County Educational Employees’ Supplementary Retirement System disclosed three recent commitments in alternatives, totaling $39.6 million, according to materials from their September...
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Marin County ERA Preparing Investment Consultant Search
By: Jane Bailey, Marketing Associate
October 17, 2023
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Marin County ERA Preparing Investment Consultant Search
The Marin County Employees’ Retirement Association (MCERA) is preparing an investment consultant search. A sample timeline shows that the RFP is expected to be issued in December 2023 with a decision...
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Municipal Fire & Police Retirement System of Iowa Commits to Private Credit
By: Jane Bailey, Marketing Associate
October 16, 2023
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Municipal Fire & Police Retirement System of Iowa Commits to Private Credit
The $3.1 billion Municipal Fire and Police Retirement System of Iowa (MFPRSI) has approved a commitment to private credit. $30 million was allocated to Siguler Guff Hawkeye in a customized private...
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Colorado Fire & Police Pension Association Commits $145M to Alts
By: Helen Bascom, Marketing Associate
October 16, 2023
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Colorado Fire & Police Pension Association Commits $145M to Alts
The Colorado Fire & Police Pension Association disclosed three recent commitments to alternatives, totaling $145 million, according to materials from their September Board Meeting. In private equity,...
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Wyoming Investment Board Commits to Private Credit
By: Jane Bailey, Marketing Associate
October 13, 2023
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Wyoming Investment Board Commits to Private Credit
The $26 billion Wyoming State Loan and Investment Board has committed to a private credit fund, according to notes from the October 5th meeting. An undisclosed amount was committed to KKR US Direct...
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LACERS Commits $50M to Real Estate
By: Koncheng Moua, Director of Data Management and Strategy
October 13, 2023
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LACERS Commits $50M to Real Estate
The Los Angeles City Employees’ Retirement System has approved a $50 million commitment to the Oaktree Real Estate Opportunities Fund IX, according to materials from the October board meeting. The...
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Louisiana TRS Commits $125M to Private Equity, Hires Putnam for Large Cap Value Search
By: Helen Bascom, Marketing Associate
October 12, 2023
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Louisiana TRS Commits $125M to Private Equity, Hires Putnam for Large Cap Value Search
The Teachers Retirement System of Louisiana disclosed 2 recent commitments to private equity, totaling $125 million at the October Board Meeting. $75 million was committed to Hellman & Friedman XI...
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University of Michigan Commits $200M to Alts
By: Jane Bailey, Marketing Associate
October 12, 2023
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University of Michigan Commits $200M to Alts
The University of Michigan Investment Office disclosed three commitments totaling approximately $200 million. In private equity, $10 million was allocated to Aurelia Foundry I. Aurelia Foundry is a...
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Massachusetts Port Authority Retirement Hires SSgA for Passive Equity Search
By: Helen Bascom, Marketing Associate
October 11, 2023
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Massachusetts Port Authority Retirement Hires SSgA for Passive Equity Search
The Massachusetts Port Authority Employees’ Retirement System has selected State Street Global Advisors for their Passive Equity Search, according to meeting minutes from their August Board Meeting....
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San Joaquin ERA Commits $40M to Real Estate
By: Koncheng Moua, Director of Data Management and Strategy
October 11, 2023
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San Joaquin ERA Commits $40M to Real Estate
The San Joaquin County Employees’ Retirement Association has disclosed a $40 million commitment to Berkeley Partners Value Industrial Fund VI. The value-add real estate fund targets light industrial...
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CalSTRS Commits $2.6B to Private Equity
By: Helen Bascom, Marketing Associate
October 10, 2023
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CalSTRS Commits $2.6B to Private Equity
The California State Teachers’ Retirement System (CalSTRS) Disclosed 23 recent commitments to private equity totaling $2.6 billion, according to meeting materials from their September Investment...
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Texas County & District Retirement System Commits $15M to Private Equity
By: Jane Bailey, Marketing Associate
October 9, 2023
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Texas County & District Retirement System Commits $15M to Private Equity
The Texas County & District Retirement System disclosed a recent commitment of $15 million to private equity. The $15 million was allocated to the Cortec Group Fund VIII. As of June 30, 2023, the $43...
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Texas TRS Commits $710.6M to Alts
By: Helen Bascom, Marketing Associate
October 9, 2023
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Texas TRS Commits $710.6M to Alts
The Teachers Retirement System of Texas discloses eight recent commitments in alternatives totaling $710.6 according to materials from their September Board Meeting. Within private equity, $35.6...
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San Antonio Police and Fire Pension Fund Hires Two For International Equity Search
By: Helen Bascom, Marketing Associate
October 6, 2023
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San Antonio Police and Fire Pension Fund Hires Two For International Equity Search
The San Antonio Police and Fire Pension Fund disclosed an update to the international value equity search, hiring two managers. Both EARNEST Partners and Barrow Hanley were hired. PIMCO and First...
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Arkansas PERS Hires Two for Private Equity Search
By: Jane Bailey, Marketing Associate
October 6, 2023
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Arkansas PERS Hires Two for Private Equity Search
The Arkansas Public Employees Retirement System hired two new managers for the private equity search, according to notes from the August 15th meeting. HarbourVest was hired as a secondary fund...
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Indiana Public Retirement System Commits $160M to Alts
By: Helen Bascom, Marketing Associate
October 5, 2023
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Indiana Public Retirement System Commits $160M to Alts
The Indiana Public Retirement System disclosed three recent commitments in alternatives totaling $160 million, according to materials from their September Investment Board meeting. Within Private...
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Macomb County Retirement Hires NIS for Fixed Income
By: Jane Bailey, Marketing Associate
October 5, 2023
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Macomb County Retirement Hires NIS for Fixed Income
The Macomb County Retirement System approved the hiring of National Investment Services (NIS) fixed income. A $20 million investment will be made to the NIS Intermediate Fixed Income portfolio...
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Texas Municipal Retirement Commits $2.56B
By: Jane Bailey, Marketing Associate
October 4, 2023
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Texas Municipal Retirement Commits $2.56B
The Texas Municipal Retirement System disclosed four investments totalling $2.56 billion. $600 million was allocated to Arrowstreet Global Equity. $1.71 billion was allocated to Northern Trust Fixed...
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Texas County & District Retirement System Commits $265M to Private Credit, Private Equity
By: Helen Bascom, Marketing Associate
October 4, 2023
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Texas County & District Retirement System Commits $265M to Private Credit, Private Equity
The Texas County & District Retirement System Disclosed 5 recent commitments totaling $265 million to private equity, according to materials from the September Investment Board Meeting. $100 million...
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Kansas Public Employees Retirement System Commits $120M to Private Equity
By: Helen Bascom, Marketing Associate
October 3, 2023
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Kansas Public Employees Retirement System Commits $120M to Private Equity
The Kansas Public Employees Retirement System disclosed two recent commits in private equity totaling $120 million, according to materials from their September Board meeting. In Private Equity, $60...
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DC Retirement Commits $100M to Infrastructure
By: Jane Bailey, Marketing Associate
October 3, 2023
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DC Retirement Commits $100M to Infrastructure
The District of Columbia Retirement Board (DCRB) approved the allocation of $100 million to Grain Communications Fund IV, according to notes from the September board meeting.. The infrastructure...
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Ohio Police & Fire Pension Commits $130M to Real Assets, Private Credit
By: Jane Bailey, Marketing Associate
October 2, 2023
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Ohio Police & Fire Pension Commits $130M to Real Assets, Private Credit
The Ohio Police & Fire Pension approved two commitments totalling $130 million according to notes from the investment committee meeting on September 27th. In real assets, $80 million was allocated to...
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Washington State Investment Board Commits $1.8B to Alts
By: Helen Bascom, Marketing Associate
October 2, 2023
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Washington State Investment Board Commits $1.8B to Alts
The Washington State Investment Board (WSIB) has disclosed seven recent commitments to alternatives, totaling $1.8 billion. Within private equity, $200 million was committed to Ara Fund III, $150...
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San Mateo Employees’ Retirement Association Commits $30M to Real Estate
By: Helen Bascom, Marketing Associate
September 29, 2023
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San Mateo Employees’ Retirement Association Commits $30M to Real Estate
The San Mateo Employees’ Retirement Association (SamCERA) approved a $30 million commitment to Real Estate at the September 26 board meeting. $30 million was committed to Cerberus Institutional Real...
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Michigan Investment Board Commits $742.7M to Alts
By: Koncheng Moua, Director of Data Management and Strategy
September 29, 2023
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Michigan Investment Board Commits $742.7M to Alts
The State of Michigan Investment Board has disclosed seven alternative investments totaling $742.7M, according to materials from the September board meeting. In private credit, $100 million was...
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Ventura County Employees’ Retirement Commits $120M to Private Credit, Real Assets
By: Jane Bailey, Marketing Associate
September 28, 2023
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Ventura County Employees’ Retirement Commits $120M to Private Credit, Real Assets
The Ventura County Employees’ Retirement Association approved three commitments, totalling $120 million, according to a recording from the September 25th meeting. In private credit, $20 million was...
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School Employees’ Retirement of Ohio Commits $70M to Real Assets, Private Credit
By: Jane Bailey, Marketing Associate
September 28, 2023
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School Employees’ Retirement of Ohio Commits $70M to Real Assets, Private Credit
The School Employees’ Retirement System of Ohio (OHSERS) approved two commitments to real assets and private credit, totalling $70 million, according to notes from the September 2023 meeting. In real...
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Norfolk County Retirement Issues Mid Cap Growth RFP
By: Jane Bailey, Marketing Associate
September 27, 2023
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Norfolk County Retirement Issues Mid Cap Growth RFP
The Norfolk (MA) County Retirement System has issued an RFP for a mid cap growth equity manager. The $1.3 billion pension currently has a 3.2% allocation to mid cap growth equity. The selected...
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Arkansas TRS Considers $80M to Alts
By: Koncheng Moua, Director of Data Management and Strategy
September 27, 2023
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Arkansas TRS Considers $80M to Alts
The Arkansas Teacher Retirement System is considering two alternative investments totaling up to $80 million. A $30 million commitment to the Post Road Special Opportunity Fund III was recommended at...
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Stanislau County Commits $35M to Private Credit
By: Jane Bailey, Marketing Associate
September 26, 2023
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Stanislau County Commits $35M to Private Credit
The Stanislau County Employees’ Retirement Association has disclosed two private credit commitments totaling $35 million, according to materials from the September 26 board meeting. $20 million was...
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Chicago Teachers’ Pension Fund Commits $30M to Real Estate; Preparing Private Credit Search
By: Helen Bascom, Marketing Associate
September 26, 2023
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Chicago Teachers’ Pension Fund Commits $30M to Real Estate; Preparing Private Credit Search
The Chicago Teachers’ Pension Fund (CTPF) disclosed a recent commitment of $30 million to Long Wharf Real Estate Partners Fund VII, a real estate value add strategy. The Pension Fund also disclosed...
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Virginia Retirement Commits $150M to Private Credit; Terminates Two Managers
By: Jane Bailey, Marketing Associate
September 25, 2023
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Virginia Retirement Commits $150M to Private Credit; Terminates Two Managers
The Virginia Retirement System allocated $150 million to private credit, according to materials from the September 21st meeting. It was approved to commit $150 million to Orchard Global EleganTree...
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Maryland Retirement Commits $1.83B to Alts
By: Helen Bascom, Marketing Associate
September 25, 2023
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Maryland Retirement Commits $1.83B to Alts
The Maryland State Retirement & Pension Systems Announced 14 recent commitments to alternatives totaling $1.83 billion at their September 19th Investment Committee meeting. Within Private Equity, $85...
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CalPERS CIO Stepping Down
By: Koncheng Moua, Director of Data Management and Strategy
September 22, 2023
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CalPERS CIO Stepping Down
The California Public Employees’ Retirement System Chief Investment Officer, Nicole Musicco, will be stepping down from her position on September 29. CalPERS Deputy Chief Investment Officer Dan...
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Ontario Teachers’ Pension CIO Departing
By: Koncheng Moua, Director of Data Management and Strategy
September 22, 2023
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Ontario Teachers’ Pension CIO Departing
The Ontario Teachers’ Pension Plan announced that the Chief Investment Officer, Ziad Hindo, will be leaving OTPP at the end of the year on December 31, 2023. Stephen McLennan has been appointed...
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Baltimore City Fire and Police Retirement Commits $55M to Real Assets, Private Credit
By: Helen Bascom, Marketing Associate
September 22, 2023
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Baltimore City Fire and Police Retirement Commits $55M to Real Assets, Private Credit
The Baltimore City Fire and Police Employee Retirement System (BCFPERS) disclosed 3 recent commitments totaling $55 million to alternatives. In real assets, $25 million was committed to Grain...
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LA Fire & Police Commit $60M to Real Estate; Review 2024 RE Commitment Targets
By: Koncheng Moua, Director of Data Management and Strategy
September 21, 2023
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LA Fire & Police Commit $60M to Real Estate; Review 2024 RE Commitment Targets
The Los Angeles Fire & Police Pension System has disclosed a commitment of up to $60 million to Oaktree Real Estate Opportunities IX, according to meeting materials from the September board meeting....
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Cook County Pension Issues Private Infrastructure RFP
By: Jane Bailey, Marketing Associate
September 21, 2023
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Cook County Pension Issues Private Infrastructure RFP
The Cook County Annuity and Benefit Fund has issued a private infrastructure RFP. The RFP seeks private infrastructure investment managers currently offering open-end private infrastructure equity...
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Illinois Police Officers Pension Issues Bank Loans RFP
By: Koncheng Moua, Director of Data Management and Strategy
September 20, 2023
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Illinois Police Officers Pension Issues Bank Loans RFP
The Illinois Police Officers Pension Fund has issued an RFP for leveraged / bank loans investment management services. According to the RFP, the IPOPIF seeks to invest a 3% allocation (approximately...
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Kentucky TRS Commits $120M to Infrastructure, Private Equity
By: Koncheng Moua, Director of Data Management and Strategy
September 20, 2023
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Kentucky TRS Commits $120M to Infrastructure, Private Equity
The Kentucky Teachers’ Retirement System has disclosed two alternative investments totaling up to $120 million that were approved at the August meeting. $60 million was committed to Macquarie...
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City of Phoenix Employees’ Retirement System Commits $20M to Real Estate
By: Helen Bascom, Marketing Associate
September 19, 2023
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City of Phoenix Employees’ Retirement System Commits $20M to Real Estate
The City of Phoenix Employees’ Retirement System (COPERS) disclosed one recent commitment of $20 million to Real Estate at their September 7th board meeting. $20 million was allocated to American...
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LACERA Commits $75M to Private Equity
By: Jane Bailey, Marketing Associate
September 19, 2023
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LACERA Commits $75M to Private Equity
The Los Angeles County Employees’ Retirement Association approved the allocation of up to $75 million to Innovation Endeavors V, according to a report from the September 13th meeting. Innovation...
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South Carolina Retirement System Discloses Recent Commitments to Alts Totaling $328.4M
By: Helen Bascom, Marketing Associate
September 18, 2023
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South Carolina Retirement System Discloses Recent Commitments to Alts Totaling $328.4M
The South Carolina Retirement System has disclosed 6 recent commitments to alternatives, totaling $328.4 million, in their September 14th Retirement System Investment Commission (RSIC) meeting. In...
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State Universities of Illinois Commits $75M to Real Estate
By: Jane Bailey, Marketing Associate
September 18, 2023
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State Universities of Illinois Commits $75M to Real Estate
The State Universities Retirement System (SURS) of Illinois allocated $75 million to real estate according to a news release from the September 8th meeting. It was approved to commit $75 million to...
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Ohio Police & Fire Commit $125M to Alts
By: Jane Bailey, Marketing Associate
September 15, 2023
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Ohio Police & Fire Commit $125M to Alts
The Ohio Police and Fire Pension has approved two alternative investments totalling $125 million, according to materials from the August 30th meeting. In real estate, $75 million was allocated to...
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Connecticut Retirement Commits $200M to Private Credit
By: Helen Bascom, Marketing Associate
September 15, 2023
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Connecticut Retirement Commits $200M to Private Credit
The Connecticut Retirement Plans and Trust Fund disclosed 2 recent commitments to private credit totalling $200 million according to a recent press release. $125 million was committed to Bregal...
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San Joaquin County Commits $62M to Private Credit
By: Jane Bailey, Marketing Associate
September 14, 2023
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San Joaquin County Commits $62M to Private Credit
The San Joaquin County Retirement Association allocated $62 million to private credit according to materials from the September 8th meeting. It was approved to commit $62 million to Silver Point...
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Illinois TRS Issues International Equity RFP
By: Helen Bascom, Marketing Associate
September 14, 2023
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Illinois TRS Issues International Equity RFP
The Teacher’s Retirement System of Illinois has issued an RFP for an International Regional and Country Equity investment manager. The $63.3 billion Pension issued this search for one or more active...
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Quincy Retirement Hires Two for Private Equity Search
By: Koncheng Moua, Director of Data Management and Strategy
September 13, 2023
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Quincy Retirement Hires Two for Private Equity Search
The Quincy Retirement System has concluded the private equity search by committing $12 million between two managers. $6 million will be invested to both LLR Equity partners VII and to Mesirow Private...
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Alaska Retirement Commits $150M to Alts
By: Jane Bailey, Marketing Associate
September 13, 2023
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Alaska Retirement Commits $150M to Alts
The Alaska Retirement Management Board has approved two alternative investments totalling $150 million, according to materials from the September 14th meeting. In private equity, $50 million was...
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State of Wisconsin Investment Board Commits $500M to Alts
By: Helen Bascom, Marketing Associate
September 12, 2023
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State of Wisconsin Investment Board Commits $500M to Alts
The State of Wisconsin Investment Board (SWIB) disclosed 7 recent commits in alternatives totaling $500 million. In private equity, £100 million (approximately $124.7 million) was committed to CVC...
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Detroit General Retirement commits $30M to Private Credit and Real Estate
By: Jane Bailey, Marketing Associate
September 12, 2023
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Detroit General Retirement commits $30M to Private Credit and Real Estate
The General Retirement System of the City of Detroit has disclosed two recent commitments totalling $30 million at their June 21st board meeting. $15 million was allocated to Comvest Credit Partners....
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Texas TRS Commits $300M to Alts
By: Helen Bascom, Marketing Associate
September 11, 2023
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Texas TRS Commits $300M to Alts
The Teachers Retirement System (TRS) of Texas disclosed 3 recent commitments in alternatives totaling $300 million. Within real estate, $100 million was committed to Affinius Capital Partners VII-T...
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Cincinnati Retirement Hires Fixed Income Manager; Retains Marquette
By: Koncheng Moua, Director of Data Management and Strategy
September 11, 2023
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Cincinnati Retirement Hires Fixed Income Manager; Retains Marquette
The Cincinnati Retirement System has disclosed hiring a new core fixed income manager, Diamond Hill. Diamond Hill was hired for an approximately $130 million mandate, according to meeting minutes...
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University of Alabama System Commits $30M into Private Equity
By: Jane Bailey, Marketing Associate
September 8, 2023
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University of Alabama System Commits $30M into Private Equity
The University of Alabama System has approved a $20 million commitment to the Timber Bay Fund III, according to a webcast from the August board meeting. An additional $10 million was approved for a...
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Louisiana TRS Commits $100M to Direct Lending, Hires Brandywine for MAC Search
By: Koncheng Moua, Director of Data Management and Strategy
September 8, 2023
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Louisiana TRS Commits $100M to Direct Lending, Hires Brandywine for MAC Search
The Teachers’ Retirement System of Louisiana has disclosed an up to $100 million commitment that was approved for the Blackstone Senior Direct Lending Fund. Hamilton Lane assisted with the...
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Hawaii ERS Approves New Long-Term Policy Target Allocations
By: Koncheng Moua, Director of Data Management and Strategy
September 7, 2023
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Hawaii ERS Approves New Long-Term Policy Target Allocations
The Hawaii Employees’ Retirement System has approved a new long-term policy asset allocation target. The new target increases illiquid/private markets, redefines sub-strategies, and utilizes...
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Orange County Retirement System Commits $304M to Alts; Terminates Two Managers
By: Helen Bascom, Marketing Associate
September 7, 2023
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Orange County Retirement System Commits $304M to Alts; Terminates Two Managers
The Orange County Employee Retirement System (OCERS) has disclosed 7 recent commitments totalling $304 million at their August 30th board meeting. In private equity, $50 million was committed to...
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Louisiana School ERS Commits $50M to Alts
By: Koncheng Moua, Director of Data Management and Strategy
September 6, 2023
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Louisiana School ERS Commits $50M to Alts
The Louisiana School Employees’ Retirement System has disclosed two alternative investments totaling $50 million that was approved at the August meeting. $10 million was committed to the Kinterra...
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NY Common Commits $1.6B to Alts; Terminates Global Equity Strategy
By: Koncheng Moua, Director of Data Management and Strategy
September 6, 2023
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NY Common Commits $1.6B to Alts; Terminates Global Equity Strategy
The New York State Common Retirement Fund has disclosed five alternative investments totaling approximately $1.6 billion that were made in the month of July. €360 million (approximately $385 million)...
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Contra Costa ERA Commits $50M to Private Equity
By: Koncheng Moua, Director of Data Management and Strategy
September 5, 2023
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Contra Costa ERA Commits $50M to Private Equity
The Contra Costa County Employees’ Retirement Association has disclosed a $50 million commitment to the Altaris Capital Partners Fund VI. The private equity fund focuses on North American control...
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Massachusetts Port Authority Issues U.S. Equity & Core Fixed Income RFPs
By: Koncheng Moua, Director of Data Management and Strategy
September 5, 2023
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Massachusetts Port Authority Issues U.S. Equity & Core Fixed Income RFPs
The Massachusetts Port Authority Employees’ Retirement System has issued RFPs for a U.S. Equity and fixed income manager. The Active U.S. Equity Small Cap Value search is for an approximately $12.5...
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St. Louis Public School Retirement Liquidates Fixed Income Manager
By: Koncheng Moua, Director of Data Management and Strategy
September 1, 2023
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St. Louis Public School Retirement Liquidates Fixed Income Manager
The St. Louis Public School Retirement System has approved liquidating the Xponance Fixed Income strategy, according to meeting minutes from the June 26 board meeting. Previous meeting minutes show...
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KC Police Retirement Raise Private Credit Allocation, Reduce Multi-Strat Hedge Fund Target
By: Koncheng Moua, Director of Data Management and Strategy
September 1, 2023
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KC Police Retirement Raise Private Credit Allocation, Reduce Multi-Strat Hedge Fund Target
The Kansas City Police Retirement System has approved increasing its target allocation to private credit to 10% from 7% at the August 10 board meeting. As a result, the $952 million Retirement System...
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San Antonio Police & Fire Commits $30M to Private Credit; Preparing Private Equity Searches
By: Koncheng Moua, Director of Data Management and Strategy
September 1, 2023
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San Antonio Police & Fire Commits $30M to Private Credit; Preparing Private Equity Searches
The San Antonio Police and Fire Pension Fund has approved a $30 million commitment to the WTI Fund XI, a private credit strategy, according to meeting minutes from the July 17 board meeting. Also...
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Houston Police Officers’ Pension Commits $80M to Real Estate
By: Koncheng Moua, Director of Data Management and Strategy
August 31, 2023
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Houston Police Officers’ Pension Commits $80M to Real Estate
The Houston Police Officers’ Pension System has approved two real estate commitments totaling $80 million, according to meeting minutes from the July board meeting. $40 million was allocated to the...
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New York State Deferred Comp Planning Two Fixed Income RFPs
By: Koncheng Moua, Director of Data Management and Strategy
August 31, 2023
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New York State Deferred Comp Planning Two Fixed Income RFPs
The New York State Deferred Compensation Plan has approved issuing an RFP for two fixed income mandates at the August 25 board meeting. The RFP will be for one Intermediate Term Bond Manager and for...
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Ontario Municipal Appoints Head of OMERS Ventures
By: Koncheng Moua, Director of Data Management and Strategy
August 31, 2023
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Ontario Municipal Appoints Head of OMERS Ventures
Michael Yang was appointed Head of OMERS Ventures. He will lead OMERS Ventures investments and fund operations. He previously joined OMERS in 2019 to launch their Palo Alto office and lead OMERS...
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San Jose Federated Discloses 8 Investments Totaling $111M
By: Koncheng Moua, Director of Data Management and Strategy
August 30, 2023
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San Jose Federated Discloses 8 Investments Totaling $111M
The San Jose Federated City Employees’ Retirement System has disclosed 8 investments in the first half of 2023 totaling $111 million. $5 million was committed to the private equity fund, Pain &...
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University of Houston Invests in Barings US High Yield with $40M
By: Koncheng Moua, Director of Data Management and Strategy
August 30, 2023
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University of Houston Invests in Barings US High Yield with $40M
The University of Houston Endowment System has hired Barings US High Yield with a $40 million investment. NEPC assisted with the investment that was approved at the August 23 meeting. This is a new...
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Oklahoma TRS Commits $100M to Oaktree Real Estate
By: Koncheng Moua, Director of Data Management and Strategy
August 29, 2023
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Oklahoma TRS Commits $100M to Oaktree Real Estate
The Teachers’ Retirement System of Oklahoma has approved a $100 million commitment to Oaktree Real Estate Opportunities IX. The $20.7 billion pension fund’s consultant, Aon, assisted with the...
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Wayne County Retirement Hires Titan Wealth Advisors for Investment Consulting
By: Koncheng Moua, Director of Data Management and Strategy
August 29, 2023
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Wayne County Retirement Hires Titan Wealth Advisors for Investment Consulting
The Wayne County Employees’ Retirement System has hired Titan Wealth Advisors to conclude the Defined Benefit Plan Investment Consultant RFP that was issued in January 2023. Titan Wealth Advisors is...
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Illinois Municipal Retirement Fund Commits $554M to Private Credit
By: Helen Bascom, Marketing Associate
August 28, 2023
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Illinois Municipal Retirement Fund Commits $554M to Private Credit
The Illinois Municipal Retirement Fund (IMRF) Board of Trustees approved 8 commitments to private credit, totalling $554 million. The private credit commitments were part of the Direct Lending,...
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Rhode Island Pension Commits ₤30M to Private Equity
By: Jane Bailey, Marketing Associate
August 28, 2023
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Rhode Island Pension Commits ₤30M to Private Equity
The Rhode Island State Pension (ERSRI) system allocated ₤30 million to private credit according to materials from the meeting on Wednesday, July 26th. It was approved to commit ₤30 million to Pollen...
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North Carolina Retirement Commits $300M
By: Koncheng Moua, Director of Data Management and Strategy
August 25, 2023
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North Carolina Retirement Commits $300M
The North Carolina Retirement System has made two alternative investments totaling $300 million, according to a report from the August 23 board meeting. $150 million was committed to Hg Titan 2 A, a...
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San Joaquin County Retirement Commits $62.5M to Private Credit
By: Jane Bailey, Marketing Associate
August 25, 2023
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San Joaquin County Retirement Commits $62.5M to Private Credit
The San Joaquin County Retirement Association allocated $62.5 million to private credit according to meeting materials from the August 11th meeting. It was approved to commit $62.5 million to the...
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Virginia Retirement System Commits $2.1B to Alts; Terminates Beach Point
By: Helen Bascom, Marketing Associate
August 24, 2023
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Virginia Retirement System Commits $2.1B to Alts; Terminates Beach Point
The Virginia Retirement System (VRS) disclosed over $2.1 billion in new commitments at their August 28th IAC meeting. Within private equity, $125 million was allocated to LS Power Equity Partners V,...
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LA Water & Power Preparing Global Equity Searches
By: Koncheng Moua, Director of Data Management and Strategy
August 24, 2023
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LA Water & Power Preparing Global Equity Searches
The Los Angeles Water & Power Employees’ Retirement Plan was presented with two RFP recommendations at the August 23 board meeting. It was recommended that an RFP for a second unconstrained global...
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Chicago Teachers’ Pension Fund Commits $10M to Private Equity
By: Jane Bailey, Marketing Associate
August 24, 2023
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Chicago Teachers’ Pension Fund Commits $10M to Private Equity
The Chicago Teachers’ Pension Fund has approved $10 million to private equity, according to meeting minutes from the June 15th meeting. $10 million was allocated to Turning Rock Fund III. CTPF’s...
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Santa Barbara County Employees’ Retirement System Commits $70M to Alts
By: Helen Bascom, Marketing Associate
August 23, 2023
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Santa Barbara County Employees’ Retirement System Commits $70M to Alts
The Santa Barbara County Employees’ Retirement System (SBCERS) disclosed 8 recent commitments totaling $70M. Within private equity, $10 million was committed to Kohlberg X, $10 million was committed...
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Montana Board of Investments Commits $50M to Real Estate
By: Helen Bascom, Marketing Associate
August 23, 2023
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Montana Board of Investments Commits $50M to Real Estate
The Montana Board of Investments has disclosed a $50 million commitment to real estate, according to meeting materials from the August 23rd meeting. $50 million was allocated to Oak Street Real...
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LA Water & Power Commits $550M to Private Equity, Real Estate
By: Koncheng Moua, Director of Data Management and Strategy
August 23, 2023
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LA Water & Power Commits $550M to Private Equity, Real Estate
The Los Angeles Water & Power Employees’ Retirement Plan has disclosed six alternative investments totaling up to $550 million. In private equity, $150 million was committed to Adams Street Global...
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Dallas Police & Fire Pension System Approves Changes to Public Equity Structure
By: Helen Bascom, Marketing Associate
August 22, 2023
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Dallas Police & Fire Pension System Approves Changes to Public Equity Structure
The Dallas Police & Fire Pension System has made 3 changes to their target allocation to public equity according to meeting minutes from the July 13 Board meeting. The $1.8 billion Pension System...
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Northumbrian Water Pension Scheme Appoints OCIO
By: Koncheng Moua, Director of Data Management and Strategy
August 22, 2023
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Northumbrian Water Pension Scheme Appoints OCIO
The Northumbrian Water Pension Scheme has appointed Cardano as OCIO for the £830 pension. Cardano will design and implement the strategic asset allocation which will initially include sustainable...
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Chicago Park Employees Board Hires Jefferies for Fixed Income Search
By: Helen Bascom, Marketing Associate
August 22, 2023
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Chicago Park Employees Board Hires Jefferies for Fixed Income Search
After conducting a fixed income search, The Park Employees’ Annuity & Benefit Board of Chicago hired Jefferies for the search. At the July 20th board meeting, staff discussed the options of the...
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Oklahoma Firefighters’ Pension Issues SMID Cap Growth RFP
By: Koncheng Moua, Director of Data Management and Strategy
August 22, 2023
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Oklahoma Firefighters’ Pension Issues SMID Cap Growth RFP
The Oklahoma Firefighters Pension and Retirement System has issued an RFP for a Small-Mid Cap Growth Domestic Equity investment manager. The $3.4 billion Pension previously approved issuing the...
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Tyne and Wear Pension Commits $38M to Private Equity
By: Koncheng Moua, Director of Data Management and Strategy
August 21, 2023
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Tyne and Wear Pension Commits $38M to Private Equity
The Tyne and Wear Pension Fund has made a £30 million (approx. $38 million) investment to the Foresight North East Fund, according to a recent press release. The Foresight Group is a private equity...
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LACERS Commits $205M to Private Equity, Venture Capital
By: Koncheng Moua, Director of Data Management and Strategy
August 21, 2023
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LACERS Commits $205M to Private Equity, Venture Capital
The Los Angeles County Employees’ Retirement System has disclosed nine new private equity and venture capital investments totaling up to $205 million. $25 million was committed Oceansound Partners...
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Anne Arundel County Retirement Commits $40M to Private Equity
By: Helen Bascom, Marketing Associate
August 21, 2023
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Anne Arundel County Retirement Commits $40M to Private Equity
The Anne Arundel County Retirement and Pension System Board of Trustees approved a commitment of $40 million to private equity during their July 18th meeting. $40 million was allocated to HarbourVest...
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Illinois TRS Commits $275M to Alts
By: Koncheng Moua, Director of Data Management and Strategy
August 18, 2023
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Illinois TRS Commits $275M to Alts
The Teachers’ Retirement System of Illinois has made five alternative investments totalling up to $275 million. In private equity, $100 million was committed to TA XV-A. Two Foundation Capital...
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LGPS Central Commits €125M to Private Credit
By: Koncheng Moua, Director of Data Management and Strategy
August 18, 2023
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LGPS Central Commits €125M to Private Credit
LGPS Central has committed €125 million to P Capital Partners Corporate Credit Fund V (PCP V). PCP is a lender focused on the Northern European middle market, specializing in non-sponsored lending in...
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New Hampshire Retirement Commits $50M to Private Credit
By: Helen Bascom, Marketing Associate
August 17, 2023
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New Hampshire Retirement Commits $50M to Private Credit
The New Hampshire Retirement System (NHRS) made one commitment of $50 million to private credit at the August 8th Investment Committee meeting. $50 million was allocated to Ares Pathfinder II Fund....
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Mass PRIM Commits $575M; Planning Multi-Asset Credit RFP
By: Koncheng Moua, Director of Data Management and Strategy
August 17, 2023
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Mass PRIM Commits $575M; Planning Multi-Asset Credit RFP
Massachusetts PRIM has approved four alternative investments totaling up to $575 million. $200 million was committed to the Blue Owl Technology Finance II Fund, a private credit separately managed...
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Fort Lauderdale ERS Hires Two for Agriculture Search
By: Koncheng Moua, Director of Data Management and Strategy
August 16, 2023
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Fort Lauderdale ERS Hires Two for Agriculture Search
The Fort Lauderdale General Employees’ Retirement System has approved hiring two managers for an agriculture investment search. $35 million will be split equally between the US Core Farmland Fund...
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LA Fire & Police Pension Commit $20M to Private Credit; Eliminate Emerging Markets Allocation
By: Koncheng Moua, Director of Data Management and Strategy
August 16, 2023
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LA Fire & Police Pension Commit $20M to Private Credit; Eliminate Emerging Markets Allocation
The Los Angeles Fire & Police Pension System has approved a $20 million commitment to the Charlesbank Credit Opportunities Fund III. According to meeting materials from the August 17 board meeting,...
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San Francisco ERS Commits $200 Million to Alternatives
By: Helen Bascom, Marketing Associate
August 16, 2023
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San Francisco ERS Commits $200 Million to Alternatives
The San Francisco Employees Retirement System (SFERS) disclosed commitments to 3 alternative investments totaling $200 million, at their August 17th Retirement Board Meeting. Within private equity,...
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LACERA Commits $150M to Real Estate
By: Helen Bascom, Marketing Associate
August 15, 2023
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LACERA Commits $150M to Real Estate
Los Angeles County Employees’ Retirement Association (LACERA) disclosed their recent commitment totaling $150 million, following their August 9th executive session. A $150 million commitment was...
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North Dakota Investment Board Commits to Private Equity; Terminates EM Equity Manager
By: Koncheng Moua, Director of Data Management and Strategy
August 15, 2023
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North Dakota Investment Board Commits to Private Equity; Terminates EM Equity Manager
The North Dakota State Investment Board has disclosed committing to Altor Equity Partners, according to meeting materials from the July 21 board meeting. No other details of the private equity...
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PA PSERS Commits $500M to Real Estate; Approves New Target Asset Allocation Mix
By: Koncheng Moua, Director of Data Management and Strategy
August 15, 2023
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PA PSERS Commits $500M to Real Estate; Approves New Target Asset Allocation Mix
The Pennsylvania Public School Employees’ Retirement System has approved two real estate investments totaling up to $500 million. $200 million was committed to TCI Real Estate Partners Fund IV, a...
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Colorado Fire & Police Pension Commits $35M to Private Equity, Private Credit
By: Helen Bascom, Marketing Associate
August 14, 2023
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Colorado Fire & Police Pension Commits $35M to Private Equity, Private Credit
The Colorado Fire & Police Pension Association (FPPA) disclosed two commitments totaling $35 million at the July 27th board meeting. Within private equity, $15M was committed to BID Equity Fund III,...
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Kern County Commits $90M to Alts
By: Koncheng Moua, Director of Data Management and Strategy
August 14, 2023
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Kern County Commits $90M to Alts
The Kern County Employees’ Retirement Association has made three alternative investments totaling up to $90 million. In private credit, $30 million was allocated to the Silver Point Specialty Credit...
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Sacramento County Commits $158M to Alts
By: Koncheng Moua, Director of Data Management and Strategy
August 14, 2023
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Sacramento County Commits $158M to Alts
The Sacramento County Employees’ Retirement System has four alternative investments totaling approximately $158 million. €30 million (approximately $33M) was committed to the private equity fund, CVC...
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Chicago MWRDRF Hires Two for Private Credit Search
By: Koncheng Moua, Director of Data Management and Strategy
August 11, 2023
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Chicago MWRDRF Hires Two for Private Credit Search
The Chicago Metropolitan Water Reclamation District Retirement Fund has selected two managers for the private credit search that was issued in January 2023. Brightwood Capital Fund V and Neuberger...
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Oregon Investment Council Invests $1.15B
By: Helen Bascom, Marketing Associate
August 11, 2023
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Oregon Investment Council Invests $1.15B
The Oregon Investment Council met for their July OIC meeting and disclosed 6 new investments totaling $1.15 billion. The GQG Global Equity Strategy was approved for a $500 million commitment. Within...