Arizona Public Safety Retirement System has disclosed a potential investment of up to $45 million for direct investment and up to $20 million for a co-investment with TowerBrook Capital Partners, in the TowerBrook Investors V Fund.
The $10 billion US public pension has a 12 percent target allocation to private equity that currently stands at 13.9 percent.
Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.