INPRS confirms $100 million commitment

The US public pension has backed Pathlight's debut US fund.

Institution: Indiana Public Retirement System
Headquarters: Indianapolis, United States
AUM: $35.09bn
Allocation to alternatives: 36.50%
Bitesize: $50-100m

Indiana Public Retirement System (INPRS) has approved a $100 million commitment to Pathlight Capital Fund I, a contact at the pension informed Private Equity International.

The $35.09 billion US public pension has a 10.0 percent target allocation to private equity that currently stands at 12.10 percent.

As illustrated in the charts below, INPRS has made ten commitments to private equity funds with a 2018 vintage which combined constitute $713 million.

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