Fundraising News

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May 08, 2023

New Mexico SIC Commits $400M to Alts

The New Mexico State Investment Council will commit up to $400 million across three alternatives funds, according to meeting materials from the April 25 board meeting. Up to $50 million was committed...

May 03, 2023

Florida SBA Discloses Q1 2023 Commitments

The Florida State Board of Administration has disclosed twelve investments totaling up to approximately $1.8 billion in the first quarter of 2023, according to a recently released new manager report....

May 01, 2023

Santa Barbara Retirement Targets $55M to Private Credit

The Santa Barbara County Employees’ Retirement System reviewed a Private Credit Strategic Plan presentation from their consultant, RVK, at the April 26 board meeting. The strategic plan is...

May 01, 2023

Alameda County Allocates $78M to Credit, Private Equity

The Alameda County Employees Retirement Association (ACERA) has committed $78 million to two alternative funds, according to meeting minutes from the April 12 investment meeting. Up to $38 million...

April 27, 2023

Ohio School Employees Approves Three Alts Commitments; Increases Real Assets & PE Target

The School Employees’ Retirement System of Ohio has approved three new alternative investment , according to the April 20 board meeting. £25 million was allocated to the buyout fund, Bridgepoint...

April 20, 2023

San Francisco ERS Commits $175M to Alternatives

The San Francisco Employees Retirement System (SFERS) has committed up to $175 million between four new alternative investments, according to the April 20 board meeting. In private equity, up to $75...

April 17, 2023

Virginia Retirement System Commits up to $1.6B to Alternatives

The Virginia Retirement System has committed approximately $1.6 billion in 7 new commitments, according to meeting materials from the April 12 board meeting. $125 million was committed to Penwood...

April 13, 2023

Kentucky County Commits $350 to Private Credit

The Kentucky County Employees’ Retirement System has committed $350 million to two private credit funds managed by Adams Street Partners. A re-up commitment of up to $175 million was allocated to...

April 13, 2023

NJ DOI Appoints Head of Private Credit

Brad Johnson was hired as Head of Private Credit for the New Jersey Division of Investment. He began in his role on March 27, 2023. According to a recent press release, “Johnson will lead the effort...

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