Fresh off its nearly 16% annual investment return, the Virginia Retirement System (VRS) has allocated nearly $2 billion to asset managers within the credit, real assets and equity exposures, confirmed plan spokeswomen Jeanne Chenault.
In addition to adding Mercer as a new real estate investment consultant, the Indiana Public Retirement System (INPRS) has agreed to terminate or redeem assets from a slew of managers in the public equity, absolute return and alternative asset classes.
The Quantum Energy Partners VI fund, a private equity vehicle, is the latest addition to the Texas County & District Retirement Systems (TCDRS) investment portfolio, an update on the plans website lists.
Over the next two months, trustees for the $797.5 million Fort Lauderdale Police & Fire Retirement System are scheduled to hear educational presentations from opportunistic hedge fund managers, confirmed plan spokesperson Fred Nesbitt.
The Board of Investments for the Los Angeles County Employees Retirement Association (LACERA) approved a commitment to private equity fund Hellman & Friedman Capital Partners VII at its meeting Wednesday.