Fundraising News

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February 08, 2023

Arkansas TRS commits $125M to Private Equity

The Arkansas Teacher Retirement System Commits $125M to three PE Funds. $30 million was allocated to LLR Equity Partners VII, a growth equity fund managed by LLR Partners. $30 million was also...

February 07, 2023

Illinois Municipal has committed $150M to Alts; Increases Fixed Income Minority Manager Target

The Illinois Municipal Retirement Fund (IMRF) has revealed three commitments that were approved at the February 2 meeting. In real estate, $50 million was committed to Brasa Real Estate Fund III,...

February 07, 2023

Florida SBA Discloses Q4 2022 Commitments

The Florida State Board of Administration has disclosed six real estate investments totaling up to $594 million in the fourth quarter of 2022, according to a recently released new manager report....

February 07, 2023

NY Common Appoints Interim Emerging Manager Program Director

Sylvester McClearn was promoted to interim director of the New York State Common Retirement Fund’s Emerging Manager Program. McClearn was promoted from Senior Investment Officer for the Retirement...

February 06, 2023

San Jose Police & Fire Commits $88M to Alts

The City of San Jose Police and Fire Department Retirement has shared five investments made in the second half of 2022 totaling up to $88 million. $3 million was committed to Signia Venture Partners...

February 06, 2023

Fairfax County Educational Employees’ Commits $21.5M to Alts; Sets 2023 Commitment Pacing

The Fairfax County Educational Employees’ Supplementary Retirement System has disclosed two alternative investments in addition to their recommended commitment targets for 2023. $6 million was...

February 03, 2023

Hawaii Employees’ Retirement Retains Hamilton Lane for Private Equity Consultant

The Hawaii Employees’ Retirement System has retained Hamilton Lane as private equity consultant. The RFP was issued in August 2022. As of March 31, 2022, the retirement system has an actual and...

February 03, 2023

North Dakota State Investment Board Terminates Two Fixed Income Managers

The North Dakota State Investment Board has terminated two fixed income managers, according to minutes from the December 9 board meeting. The Manulife Total Return Bond fund was terminated due to the...

February 02, 2023

Rhode Island Pension Commits $50M to Direct Lending

The Rhode Island State Investment Commission will commit $50 million to HPS Specialty Loan Fund VI. The commitment to the private credit fund was disclosed in materials from the January 25 board...

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