DPERS approves $35m commitment

The US public pension has backed an Asia-Pacific focused private equity fund.

Institution: Delaware Public Employees’ Retirement System
Headquarters: Dover, United States
AUM: $9.33bn
Allocation to alternatives: 26.44%
Bitesize: $10-50m

Delaware Public Employees’ Retirement System has agreed to commit $35 million to IDG Breyer Capital Fund, which is co-managed by IDG Capital Partners and Breyer Capital.

As illustrated below, the $9.33 billion US public pension has a 13.67 percent allocation to private equity. The firm has made seven commitments to private equity funds with a 2019 vintage.

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