Houston Police Invest $60M in Private Equity

The Houston Police Officers’ Pension System approved a commitment of $60 million to CenterOak Equity Fund III, according to materials from the June 18th Investment Committee meeting. 

CenterOak Partners previously closed Fund II in 2021 with $690 million raised, exceeding its $575 million target.

As of May 31, 2024, the $7.7 billion pension fund allocates approximately 43.8% to alternative investments with a policy target of 46%.

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