Manchester Employees’ Contributory Retirement Commits $6 Million to Private Equity

The City of Manchester Employees’ Contributory Retirement System has disclosed a $6 million private equity investment at the October 10 board meeting.

$6 million will be committed to Searchlight Capital Fund IV.

Nexus Capital and HarbourVest also interviewed at the meeting.

NEPC, the general consultant for the pension, assisted with the commitment.

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: Morgan Holycross, Marketing Manager

Morgan Holycross is a Marketing Manager at Dakota.

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