The US public pension will commit up to $2.3 billion to the asset class in the coming year.
Others are aping the firm's strategy of holding minority position for a long time, said head of PE fund investments Benoit Valentin.
The Q4 year-on-year drop from $7m to $1m is due to the run-off of legacy assets and several large fundraisings having yet to come to market, said co-CEO Glenn Youngkin.
The Israeli firm raised $650 million for its latest growth fund.
The US public pension has backed a PE vehicle managed by Charlesbank Capital Partners.
The US public pension has backed a Vista Equity Partners' fourth series Foundation fund.
The California firm raised $750 million for its latest venture capital vehicle.
The San Francisco firm raised $125 million for its latest venture capital fund.
The California firm raised $340 million for its latest vehicle.
Arclight Capital Partners closed its seventh fund.