Private Equity
The manager added a venture partner to help source and support fintech and infrastructure investments as well as deepen relationships across founders, corporates and investors.
The institution will consider approving up to four financing agreements with startup companies recently launched from its ecosystem through its accelerator fund at its October board meeting.
The firm has entered into an agreement to acquire 100% of a venture platform that invests across all stages of the venture capital lifecycle in a deal that is expected to close in the first quarter of 2026.
Private markets funds are set for 70% growth by the year 2030 with private equity expected to be a key driver of that expansion, according to a recent analysis.
The firm recently held the final close of its private equity strategy that aims to invest in large-scale wetland, stream, water quality, biodiversity and habitat mitigation and restoration projects across the U.S.
Amberjack Capital Partners represents the final investment in Grafine Partners’ inaugural seeding strategy, which closed with approximately $600 million in total capital commitments last year.
The venture capital solutions provider will broaden client access to innovation and opens global resources to next generation of high-growth technology companies.
The retirement fund is seeking primary direct private equity funds to handle up to $50 million in commitments.
Both vehicles exceeded targets to expand the firm’s platform within the U.S. lower middle market.
The retirement system also made a venture capital commitment last month.