Institution: Cincinnati Retirement System
Headquarters: Cincinnati, United States
Allocation to alternatives: 25.8%
Cincinnati Retirement System has agreed to commit $20 million to PEG Global Private Equity IX, managed by JP Morgan Asset Management.
The US pension continues to add to its private equity portfolio through funds with strategies such as venture capital, large buyout and growth across the globe. Marquette Associate served as an investment consultant for this commitment.
As illustrated below, the pension fund has previously committed to multiple private equity funds targeting diversified sectors. It has an actual allocation of 8.4 percent to private equity.
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