The New York State Common Retirement Fund has disclosed over $1.1 billion in new commitments, according to a December 2022 transaction report.
$350 million was committed to the private equity fund, Apollo Investment Fund X. $300 million was committed to the large buyout fund, Hellman & Friedman XI. $300 million was committed to buyout fund, KSL Capital Partners VI.
Opportunistic credit fund KSL Capital Partners Credit Opportunities Fund IV, also received a $150 million commitment.
Within the Retirement Fund’s Emerging Manager Program, $15 million was committed to real estate fund, Northbridge Partners Fund IV. $5.2 million was committed to opportunistic credit fund, Sundance Bay Debt Opportunity Fund. And $15 million was committed to Arc Urban Investors, a real estate fund managed by Arc Capital Partners.
Also disclosed in the report, Rockefeller Asset Management was terminated. The global equity manager account was valued at approximately $483.6 million at the time of termination. Funds will be reallocated to cash.
For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you afree trialof Dakota Marketplace!
Written By: Koncheng Moua, Director of Data Management and Strategy
Koncheng Moua is the Director of Data Management and Strategy at Dakota.