Private Equity
The fund surpassed its $500 million target as well as its initial $750 million hard cap.
The plan will commit $16 million to new private equity managers this year.
The retirement fund added one new commitment and increased another pair last month.
The recommended hire of an additional active core-plus manager comes after the decision to implement an all-active approach.
The firm raised approximately $1.1 billion in total capital commitments for two of its latest funds.
The outsourced cio added a managing director at a prominent investment consulting firm to serve as a senior principal and lead its venture capital investing, including heading venture investment research.
The fund added commitments to private equity, real estate and private debt funds with existing managers within its portfolio in the second half of 2025.
The state’s technology and research fund made a new $10 million commitment to a venture firm to promote technological innovations regionally.
Co-Investment Fund VI closes with an oversubscribed $2.5 billion in committed capital.
The latest flagship fund closed with approximately $2.4 billion in total capital commitments.
