Private Equity
The retirement system also disclosed several private markets commitments.
The plan will interview five firms in its middle market buyout search.
The firm has closed its largest co-investment program to date.
The retirement system opted to retain its general investment consultant at a board meeting last week.
The pension fund will also receive presentations from a pair of infrastructure managers and a credit manager for potential commitments in September.
The plan approved commitments totaling $160 million across four funds in April and May.
The retirement systems also disclosed co-investments yesterday.
The combined closings bring Francisco Partners’ total capital raised to more than $75 billion.
The firm has added an operating partner to its council while hiring an investment partner and associate.
