FUNDRAISING NEWS | September 01, 2023
The San Antonio Police and Fire Pension Fund has approved a $30 million commitment to the WTI Fund XI, a private credit strategy, according to meeting minutes from the July 17 board meeting.
Also disclosed in meeting minutes, the Pension Fund approved initiating a private equity search that will be focused on buyouts and growth equity strategies. NEPC recommended up to three $20 million commitments by year-end to achieve the annual commitment target of $85 million.
Thus far in 2023, the board has made one private equity commitment of $20 million to Exponent Private Equity Partners V.
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Koncheng Moua is the Director of Data Management and Strategy at Dakota.
