Private Equity
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The retirement fund disclosed seven commitments totaling roughly $1.4 billion in December.
The infrastructure asset class would mark a new investment for the plan.
The retirement system made venture capital commitments totaling $45 million last month.
The technologies private equity fund exceeded its $2.75 billion target.
The retirement system made five commitments totaling roughly $218 million last week.
The city’s two retirement systems committed $12 million apiece for pacing purposes.
The plan made up to $90 million in commitments at today’s board meeting.
Updata Partners VIII closes with aggregate capital commitments of $875 million.
The plan’s full board will approve the investment committee’s commitments this week.