South Carolina earmarks up to $355 million to 6 funds
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South Carolina Retirement System Investment Commission, Columbia, committed up to $355 million to five private equity funds and a private debt fund for the $35.6 billion South Carolina Retirement Systems investment portfolio, according to board documents.
The board disclosed the commitments, which were made December through February, at its meeting Thursday, including a $100 million commitment to Aberdeen Standard U.S. Private Equity IX, a private equity fund of funds managed by
Aberdeen Standard Investments.
It also committed $100 million to KKR Asian Fund IV, an Asian-focused buyout fund targeting middle-market and large-cap companies managed by