Fresno County Employees' Retirement Association

The California pension announced commitments to funds managed by Stripes and Verdane.

The public pension made a commitment to a fund managed by Kayne Anderson Capital Advisors.

Fresno County Employees’ Retirement Association revealed at its May board meeting a recent commitment of $15 million to HGGC Fund V.

The California-based pension committed to funds managed by Thomas H Lee Equity Partners and Stone Point Capital.

The Fresno-based pension fund has backed a TMT fund.

The Fresno County Employees' Retirement Association committed to three buyout-focused funds, with $20m to Sterling Group Partners VI, $20m to JFL Equity Investors VI and $10m to Bridgepoint Development Capital V.

The US public pension's private equity allocation has dropped to 4.4%.

The pension fund currently allocates 2.9% to PE, short of its 6% target.

The hard-cap of the firm formerly known as The Jordan Company's Resolute Fund VII is $2bn larger than its target.

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