New York State Pension Commits $550M in February | Chief Investment Officer ai-cio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ai-cio.com Daily Mail and Mail on Sunday newspapers.
New Mexico Educational assigns $105 million to alternatives
AE Industrial Partners Extended Value Fund, said Bob Jacksha, CIO of the $14.2 billion pension fund.
The private equity fund focuses on aerospace and related industries.
The board also made a total of $35 million in follow-on commitments to private equity funds in which the pension fund is already invested. The board committed an additional $15 million to SV Health Growth Fund VII, a specialist health-care fund managed by SV Health Investors. The board had previously committed $35 million to the fund.
Pension officials also committed another $10 million each to B Capital Opportunities Fund I, a venture capital fund managed by B Capital Group; and Tenex Capital Partners III, a private equity fund managed by Tenex Capital Management. The board s previous commitment to the B Capital fund was $30 million and to the Tenex fund, $50 million.