Fundraising News

Stay up to date on the latest industry insights on fundraising news, searches, personnel changes and more.

September 13, 2023

Alaska Retirement Commits $150M to Alts

The Alaska Retirement Management Board has approved two alternative investments totalling $150 million, according to materials from the September 14th meeting. In private equity, $50 million was...

September 12, 2023

Detroit General Retirement commits $30M to Private Credit and Real Estate

The General Retirement System of the City of Detroit has disclosed two recent commitments totalling $30 million at their June 21st board meeting. $15 million was allocated to Comvest Credit Partners....

September 07, 2023

Orange County Retirement System Commits $304M to Alts; Terminates Two Managers

The Orange County Employee Retirement System (OCERS) has disclosed 7 recent commitments totalling $304 million at their August 30th board meeting. In private equity, $50 million was committed to...

September 07, 2023

Hawaii ERS Approves New Long-Term Policy Target Allocations

The Hawaii Employees’ Retirement System has approved a new long-term policy asset allocation target. The new target increases illiquid/private markets, redefines sub-strategies, and utilizes...

September 06, 2023

NY Common Commits $1.6B to Alts; Terminates Global Equity Strategy

The New York State Common Retirement Fund has disclosed five alternative investments totaling approximately $1.6 billion that were made in the month of July. €360 million (approximately $385 million)...

September 01, 2023

San Antonio Police & Fire Commits $30M to Private Credit; Preparing Private Equity Searches

The San Antonio Police and Fire Pension Fund has approved a $30 million commitment to the WTI Fund XI, a private credit strategy, according to meeting minutes from the July 17 board meeting. Also...

September 01, 2023

KC Police Retirement Raise Private Credit Allocation, Reduce Multi-Strat Hedge Fund Target

The Kansas City Police Retirement System has approved increasing its target allocation to private credit to 10% from 7% at the August 10 board meeting. As a result, the $952 million Retirement System...

August 30, 2023

San Jose Federated Discloses 8 Investments Totaling $111M

The San Jose Federated City Employees’ Retirement System has disclosed 8 investments in the first half of 2023 totaling $111 million. $5 million was committed to the private equity fund, Pain &...

August 28, 2023

Illinois Municipal Retirement Fund Commits  $554M to Private Credit

The Illinois Municipal Retirement Fund (IMRF) Board of Trustees approved 8 commitments to private credit, totalling $554 million. The private credit commitments were part of the Direct Lending,...

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