Private Equity
The changes aim to improve portfolio quality for the retirement system’s domestic equity sleeve with several terminations and hires.
The conference has entered into a private capital deal in a partnership between two private investment firms that will help with revenue generation, investment opportunities and provide a credit line.
The managing director will utilize their more than 15 years of direct private equity experience and origination capacity to build on the firm’s deal generation capabilities
The fund and related vehicles closed with $8.5 billion in total commitments.
The plan also disclosed two private markets commitments.
The retirement association is seeking a firm to review and evaluate its discretionary private credit and private equity portfolios.
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.
