The New York State Teachers Retirement System (NYSTRS) Board of Trustees heard this week that it has added new managers to its private equity asset class.
The Ann Arbor Employees Retirement System Board of Trustees agreed to allocate approximately 2% of its more than $450 million pension portfolio to direct lending manager Summit Partners Credit Advisors.
The Virginia Retirement System has allocated more than $100 million to Europa Capital, a London-based real estate fund management group.
Along with a hefty allocation to alternative asset classes this week, the $87.7 billion Ohio Public Employees Retirement System (OPERS) Board of Trustees also decided to award Aberdeen Asset Management with an $850 million emerging markets debt (EMD) account.
As promised, the Municipal Fire and Police Retirement System of Iowa (MFPRSI) decided last week to allocate more than $100 million to current managers in its private equity portfolio.