El Paso Firemen & Policemen’s Pension Fund has made an $8m commitment to Ridgemont Equity Partners III. The buyout fund invests in US-based companies with a diversified sector focus.
The $1.5 billion US public pension has a 10 percent target allocation to private equity that currently stands at 6.8 percent.
Platinum subscribers may click here for the pension’s full profile, including key contacts, allocation strategy and fund investments.