Southfield Employee Retirement Allocates to Private Equity Fund of Funds

The Southfield Employee Retirement System has shared a $2 million commitment made at the July 19 meeting, according to meeting minutes.

$2 million was committed to the Sturbridge Capital SDPE III Fund, a private equity fund of funds secondary strategy managed by Sturbridge Capital. Sturbridge is a secondary private equity firm based out of Birmingham, Michigan.

As of June 30, 2022, the $112 million Retirement System has an actual and target allocation to alternative investments of 6.4% and 8.5% respectively.

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!

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

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

The Database For Cold Outreach to Reach Institutional and RIA Investors

Book A Demo

Southfield Employee Retirement Allocates to Private Equity Fund of Funds

Subscribe

Related Content

Canadian Wealth Funds Co-Invest $145M in MBK Energy Transition Fund

Delaware PERS Redeems BLK Index Funds, Invests $500M in Hedge Funds

Environment Agency Pension Fund Invest $215M to UK Infrastructure Fund

The Database For Cold Outreach to Reach Institutional and RIA Investors

Address

Products & Services

Resources

Events

Company