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.
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