In the month of March, Dakota tracked a total of approximately $18.5 billion across 148 investments. 48 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 March. By the end of this, you'll have a better understanding of the Public Pension commitments made in the month of March.
$8.6 billion moved to Private Equity across 73 investments which accounts for approximately 47% of commitments. Private Credit saw $3.7 billion in commitments, 20% of total commitments across 19 investments. Real Assets took in 16% of commitments with $2.9 billion flowing into the asset class between 15 investments. In Real Estate we tracked $2.5 billion across 26 investments,14% of commitments. 15 investments totaling over $700 million were allocated to Venture Capital funds.
Stemming from the private equity asset class, Buyouts made up about 27% of commitments, this includes $5 billion across 43 lower middle market, middle market, and large buyout funds. Within Real Assets, over $2.5 billion was placed across 12 Infrastructure investments making up 14% of commitments. In private credit, Direct Lending accounted for $2.3 billion across 7 investments, 13% of the total for March. Also of note, $1.7 billion was committed to 18 Growth Equity strategies, and $1 billion was allocated to 12 Opportunistic Real Estate funds.
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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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