Private Equity
Fundraising surpassed the firm’s goal in 10 months with over $500 million in total commitments.
The retirement system will also receive private markets pacing schedules this week.
The retirement association has concluded an RFP search launched in June.
The plan approved two commitments for pacing purposes.
The pension system made its third commitment to private credit this year at today’s board meeting.
A trust fund based in a Western state has added a re-up investment with a private equity growth fund series.
The transaction will more than double Clearlake Capital Group’s assets under management.
The plan also made two private credit commitments in September.
The retirement plan approved two private equity commitments totaling $13.25 million in the third quarter.
The plan will look to commit up to $400 million to a private equity fund at its board meeting later this month.