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FUNDRAISING NEWS | May 29, 2024
The Fairfax County Educational Employees’ Supplementary Retirement System approved two commitments to private equity and real estate totaling $13.75 million, according to materials from the May 17th Board of Trustees meeting.
In private equity, $5 million was allocated to SK Capital Partners VI.
And in real estate, $8.75 million was allocated to Sterling Value Add Partners IV.
Both of these commitments represent existing relationships for the fund.
As of April 30, 2024, the $3.1 billion pension fund allocates approximately 10.7% to private equity with a target of 7%, and 8.7% to real estate with a target of 7%.
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: Helen Bascom, Marketing Associate
Helen Bascom is a Marketing Associate at Dakota.
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