--- title: NY Common Commits to Alts & Emerging Manager Program; Terminates Manager description: NY Common Commits to Alts & Emerging Manager Program; Terminates Manager image: https://dakotafunds.com/hubfs/Imported_Blog_Media/colton-duke-UExx0KnnkjY-unsplash.jpg --- [![dakota_logo](https://dakotafunds.com/hs-fs/hubfs/dakota_logo.png?width=150&height=44&name=dakota_logo.png) ](https://dakotafunds.com) - [ About ](https://dakotafunds.com/about-us) - [ Team ](https://dakotafunds.com/team-update) - [ Partners ](https://dakotafunds.com/clients) - [ Contact ](https://dakotafunds.com/contact-us-update) [![dakota_logo](https://dakotafunds.com/hs-fs/hubfs/dakota_logo.png?width=150&height=44&name=dakota_logo.png) ](https://dakotafunds.com) ** - [ About ](https://dakotafunds.com/about-us) - [ Team ](https://dakotafunds.com/team-update) - [ Partners ](https://dakotafunds.com/clients) - [ Contact ](https://dakotafunds.com/contact-us-update) # NY Common Commits to Alts & Emerging Manager Program; Terminates Manager **Written by: ** Jane Bailey, Marketing Associate ![](https://dakotafunds.com/hubfs/Imported_Blog_Media/colton-duke-UExx0KnnkjY-unsplash.jpg) According to meeting notes from the October 2023 board meeting, the New York State Common Retirement Fund has approved eight commitments to private equity, private credit, and real assets totalling $1.4 billion.  In private equity, $15 million was allocated to Tribeca Access Fund II, $200 million to Crestview Fund V and $62.5 million to EagleTree Excelsior Sidecar.  In private credit, $100 million was allocated to L2 Point Opportunities I, an additional $100 million to L2 Point Excelsior Co-Invest Holdings I and $375 million to Fundamental Empire Fund. In real assets, $250 million was allocated to both Stonepeak Opportunities Fund and Castlelake Aviation V Stable Yield.  Three new investments were to emerging managers. In private equity, $50.5 million was allocated to Coalesce Capital Partners I and an additional $25.5 million to KLC Fund II. In real estate, $15 million was allocated to American South Real Estate Fund II.  Also disclosed, global equity manager Strategic Global Advisors was terminated. At the time of termination, the account was valued at $237 million.  *For more public pension insights and a comprehensive library of public plan minutes, we would love to offer you a *[free trial](https://www.dakota.com/free-trial)* of Dakota Marketplace!* Tags: [Pension Funds](https://dakotafunds.com/dakota-funds/tag/pension-funds), [Alternative Insights](https://dakotafunds.com/dakota-funds/tag/alternative-insights), [Real Estate](https://dakotafunds.com/dakota-funds/tag/real-estate), [Private Equity](https://dakotafunds.com/dakota-funds/tag/private-equity), [Real Assets](https://dakotafunds.com/dakota-funds/tag/real-assets), [Private Credit](https://dakotafunds.com/dakota-funds/tag/private-credit) ### Recent Posts [EP Wealth Acquires Wacker Wealth Partners](https://dakotafunds.com/dakota-funds/fundraising-news/ep-wealth-acquires-wacker-wealth-partners) April 04, 2024 [JTP Capital Seeking Fundraising and CRM Database Management Assistant](https://dakotafunds.com/dakota-funds/fundraising-news/jtp-capital-seeking-fundraising-and-crm-database-management-assistant) April 04, 2024 [$700M Merrill FAs Depart to Sanctuary](https://dakotafunds.com/dakota-funds/fundraising-news/700m-merrill-fas-depart-to-sanctuary) April 03, 2024 [Greenbacker Capital Seeking Internal Sales Representative](https://dakotafunds.com/dakota-funds/fundraising-news/greenbacker-capital-seeking-internal-sales-representative) April 03, 2024 [NY Common Commits $550M to Venture Capital, Real Estate](https://dakotafunds.com/dakota-funds/fundraising-news/ny-common-commits-550m-to-venture-capital-real-estate) April 03, 2024 ## Related Blogs December 05, 2023 #### NY Common Commits $1.8B to Alts; Terminates International Equity Manager The New York State Common Retirement Fund has disclosed nine commitments to alternatives, totaling... 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[ Read More](https://dakotafunds.com/dakota-funds/fundraising-news/new-york-state-retirement-commits-to-private-equity-emerging-manager-programs-terminates-equity-fund-manager) ![footerLogo](https://dakotafunds.com/hubfs/footerLogo.svg) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Jane Bailey, Marketing Associate", "url" : "https://dakotafunds.com/dakota-funds/author/jane-bailey-marketing-associate" }, "dateModified" : "2024-04-04T20:38:03.461Z", "datePublished" : "2024-01-04T05:00:00.000Z", "headline" : "NY Common Commits to Alts & Emerging Manager Program; Terminates Manager", "image" : [ "https://dakotafunds.com/hubfs/Imported_Blog_Media/colton-duke-UExx0KnnkjY-unsplash.jpg" ], "mainEntityOfPage" : { "@id" : "https://dakotafunds.com/dakota-funds/fundraising-news/ny-common-commits-to-alts-emerging-manager-program-terminates-manager", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject" }, "name" : "Dakota Funds Group" } } ```