DakotaLogo2024
DakotaLogo2024
Book A Demo

FUNDRAISING NEWS | December 22, 2022

Ann Arbor Employees’ Commits $4M to Private Equity; Terminates High Yield Bond Manager

Tags: Pension Funds, Alternative Insights, Private Equity, Credit

The Ann Arbor Employees’ Retirement System has made a $4 million commitment to Aberdeen U.S. Private Equity Fund X. 

Investment consultant for the Retirement System, Meketa, assisted with the recommendation.

Also disclosed in meeting minutes from the November 17 board meeting was the termination of Sky Harbor Broad High Yield Bonds. Proceeds from the termination are expected to amount to approximately $4.6 million. The Board previously approved an asset allocation policy which reduced the policy target to high yield bonds to 0%. 

For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a free trial of Dakota Marketplace!

New call-to-action

Written By: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.

logo-1

The Database For Cold Outreach to Reach Institutional and RIA Investors

Book A Demo

Address

925 West Lancaster Ave
Suite 220
Bryn Mawr, PA 19010
Tel: (610) 642-1481 

Products & Services

Resources

Events

Company

© Dakota 2025 | Terms of Use | Privacy Policy