The Rhode Island State Pension (ERSRI) system allocated ₤30 million to private credit according to materials from the meeting on Wednesday, July 26th.
It was approved to commit ₤30 million to Pollen Street Capital V (PSC V).
ERSRI’s Private Equity Consultant, Cliffwater, assisted with this decision.
As of July 31, 2023, the $10 billion State Pension allocates approximately 16.34% to private equity.
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