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FUNDRAISING NEWS | June 02, 2023

San Antonio Police & Fire Commit $50M to Alts; Approve International Equity Search

Tags: Pension Funds, Searches, Alternative Insights, Equities, Private Credit, Private Equity

The San Antonio Police and Fire Pension Fund has committed approximately $50 million to two alternative funds, according to meeting minutes from the April board meeting.

$25 million was committed to the private credit fund, Comvest Credit Partners Evergreen Fund. 

£20M (approximately $25 million) was committed to the buyout fund, Exponent Private Equity Partners V.

In addition, the Board approved initiating an international value public equity manager search that will include the Pension Fund’s current managers, First Eagle and PIMCO.

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!

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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.

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