Hawaii ERS approves four commitments

The US public pension targets emerging markets fund managers.

The Employees’ Retirement System of the State of Hawaii disclosed four prior commitments to private equity fund managers, Chief Investment Officer Vijoy Chattergy confirmed in an email.

At Monday’s board meeting, the $15.6 billion US public pension revealed commitments from September of $35 million to TPG Growth IV and $15 million to TPG’s The Rise Fund. The board additionally reported commitments made in October of undisclosed amounts to Abraaj Private Equity Fund VI and Ascribe Opportunities Fund IV.

Hawaii ERS has a 6.17% commitment to private equity strategies.

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