New York Common Discloses March 2023 Commitments

The New York State Common Retirement Fund has disclosed their March 2023 commitments totaling up to $568.3 million.

In Private Equity, $48.3 million was committed to the buyout fund, KSL Capital Partners CV II 3, managed by KSL Capital Partners. $60 million was committed to two venture capital funds managed by Primary Venture Partners; $30 million to Primary Venture Partners IV, and $30 million to Primary Select Fund III. $50 million was committed to growth equity fund, Insight XI Follow-On Fund. Lastly, $350 million was committed to Apollo Excelsior PE Co-Invest, managed by Apollo Global Management.

Within the Retirement Fund’s Emerging Manager Program, up to $15 million was allocated to the real estate fund, Redcar Fund II, managed by Redcar Properties. In addition, up to $30 million was allocated to two real estate funds managed by GreenPoint Partners; $20 million to GreenPoint TVP Partnership, and $10 million to GreenPoint REPE Fund I. Lastly, up to $15 million was allocated to the real estate fund, Grandview Fund II.

As of December 31, 2022, the pension fund was valued at $242.3 billion.

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