Fairfax County Educational Employees’ Commits $44.3M to Alts

Fairfax County Educational Employees’ has disclosed three alternative investments totaling $44.3 million, according to materials from the February board meeting.

$4.3 million was committed to a private equity fund, Vitruvian Investment Partnership 

Opportunistic private credit fund, Silver Point Specialty Credit Fund III was awarded a $24.5 million commitment.

Lastly, Ara Fund III was approved for a $15.5 million commitment. Fund III is a private equity fund focused on decarbonization investment opportunities.

Investment consultant, Meketa, assisted with due diligence.

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.