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 million to Altaris Health Partners VI.

And in private credit, $100 million was allocated to Silver Point Specialty Credit Fund III.

As of September 30, 2023, the $10.8 billion pension fund allocates approximately 12% to private equity funds, with a target of 9%. And approximately 2% to private credit funds with a target of 3%.

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