Arizona PSPRS approves $75m commitment

The Phoenix-based public pension has backed a North America-focused venture capital vehicle.

Institution: Arizona Public Safety Personnel Retirement System
Headquarters: Phoenix, US
AUM: $17.21 billion
Allocation to alternatives: 32.41%

Arizona Public Safety Personnel Retirement System committed $75 million to Sixth Street Growth Partners II, a contact at the pension confirmed to Private Equity International.

As illustrated, the pension devotes 12.56 percent of its full investment portfolio to private equity. PSPRS’ recent commitments have focused on buyout and venture capital vehicles targeting investments in North America.

Platinum subscribers may click here for the investor’s full profile, including key contacts, allocation strategy and fund investments.