In the month of January, Dakota tracked a total of approximately $9.1 billion across 111 investments. This is a 12.5% decrease compared to the $14.6 billion in activity that we tracked in January. 60 individual pension funds or entities reported commitments during the month.
In this article we are going over the top allocators, allocations, and terminations made in the month of January. By the end of this, you'll have a better understanding of the Public Pension commitments made in the month of January.
$3.0 billion moved to Private Equity across 46 investments which accounts for approximately 33% of commitments. Private Credit saw $2.8 billion in commitments, 31% of total commitments across 21 investments. Real Assets took in 19% of commitments with $1.7 billion flowing into the asset class between 16 investments. In Real Estate we tracked $1.2 billion across 18 investments,14% of commitments. Also of note, we tracked four Hedge Fund commitments totaling $315 million.
Stemming from the private equity asset class, buyouts made up about 19% of commitments, this includes $1.7 billion across 24 lower middle market, middle market, and large buyout funds. It is worth noting that growth equity funds made about 6% of commitments with $548 million across 8 investments. Within private credit, Direct Lending accounted for 10% of commitments with $915 million between 9 investments. Additionally, Opportunistic made up 8% of commitments with $775 million across 6 investments. Regarding Infrastructure, $1.4 billion was placed across 18 investments making up 15% of commitments.
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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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