Fairfax County Educational Employees’ Commits $50.5M to Alts
Written by: Koncheng Moua, Director of Data Management and Strategy
The Fairfax County Educational Employees’ Supplementary Retirement System has disclosed 7 alternative investments totaling up to $50.5 million.
In private equity, $4 million was committed to KPS Special Situations Fund VI and $1 million was committed to KPS Special Situations Mid-Cap Fund II.
$12.5 million was committed to the private credit fund, Sixth Street TAO Global.
Within real estate, IPI Partners III received a $7 million commitment, and $8.75 million was committed to Berkeley Partners Value Industrial Fund VI.
Additionally, $3.3 million was committed to the infrastructure fund, Grain Communications Fund IV, and $14 million was committed to Ridgewood Energy Oil & Gas Fund V.
Meketa assisted with the investments.
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!
