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FUNDRAISING NEWS | May 30, 2023
The District of Columbia Retirement Board has committed $125 million to two private equity funds.
$75 million was committed to a buyout fund, One Rock IV. In addition, $50 million was committed to Ara Fund III, an energy focused private equity fund.
As of March 31, 2023, the Board allocates 11% to private equity while they target 9% to the asset class.
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!
Written By: Koncheng Moua, Director of Data Management and Strategy
Koncheng Moua is the Director of Data Management and Strategy at Dakota.
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