NY Common Commits $1.3B; Terminates Emerging Markets Fund

The New York State Common Retirement Fund has disclosed seven alternative investments totaling approximately $1.3 billion.

In private equity, $450 million was allocated to TA XV. $125 million was approved for EagleTree Partners VI, a buyout fund. And PSG Europe II received a $100 million commitment.

The real estate fund, Bell Value-Add Fund VIII, was awarded a $150 million commitment.

In private credit, $375 million was committed to the MSD Empire Fund and $100 million was committed to the CVI Excelsior Opportunities Fund.

In addition, $19.15 million was committed to Long Ridge Equity Partners IV as part of the Emerging Manager Program.

The Retirement Fund also terminated the Rock Creek Adirondack Emerging Markets Fund. The account value at the time of termination was approximately $566 million and was reallocated to cash.

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Written By: Koncheng Moua, Director of Data Management and Strategy

Koncheng Moua is the Director of Data Management and Strategy at Dakota.