Fundraising News

Stay up to date on the latest industry insights on fundraising news, searches, personnel changes and more.

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Monroe County ERS Commits $5M to Private Credit

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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.

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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

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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...