Private Equity
The pension plan was notified of a $150 million private equity commitment this week.
The firm is also celebrating 15 years of investing in early-stage founders.
The firm has closed its inaugural independent sponsor private equity strategy above its $400 million fundraising target.
The Midwest-based private equity firm recently held the final close of its renewable energy fund, surpassing its original $750 million target.
The pension plan is searching for private equity funds in buyout technology and enterprise software as well as infrastructure secondaries funds.
The close represents “the largest European real estate drawdown fund ever raised based on third party capital commitments.”
The plan is searching for a credit or equity-focused maritime shipping fund.
The retirement association recently committed $25 million each to private equity and credit commitments.
Trive Capital Fund V closes with total commitments of $2.7 billion.
A new survey finds institutional investors remain optimistic about private markets and alternative asset classes’ ability to buoy their portfolio despite economic uncertainty.