Arizona PSPRS approves $40m commitment

Arizona PSPRS has backed a multi-regional focused fund.

Institution: Arizona Public Safety Personnel Retirement System
Headquarters: Phoenix, United States
AUM: $9.98bn
Allocation to alternatives: 49.06%

Arizona Public Safety Personnel Retirement System approves $40 million commitment to Northern Shipping Fund IV.

The $9.88 billion US public pension has a 12.0 percent target allocation to private equity that currently stands at 13.9 percent.

As illustrated in the charts below, the pension’s last commitment to a private equity fund was to Taiga Special Opportunities Fund.

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