Private Equity
The fund recently with more than $850 million in capital commitments from existing and new investors, exceeding its $800 million target.
The fund approved a commitment to an existing private equity manager as it is approximately $675 million underweight its target to the asset class.
The agency is seeking a firm to provide a venture capital database monitoring companies, investments or individuals in growth-oriented industries across the state.
The firm has closed THL Equity Fund X with $6.35 billion in investable capital.
The commitments include two new relationships for the plan.
The retirement fund also disclosed commitments totaling roughly $1.5 billion in March.
The plan tapped an active manager after voting to move to an all-active approach for the fixed-income portfolio to achieve better long-term return prospects.
The board recently made private credit and private equity commitments totaling $208.5 million.
The terminations include three underperforming managers.
Crescent Cove Fund IV was oversubscribed and with support from a diverse base of institutional investors.
