Virginia Retirement System overview
Stories about Virginia Retirement System
VRS announces $1.45bn in PE commitments
The Virginia Retirement System revealed its investments to four different funds in its August board meeting.
Virginia Retirement commits $850m to private equity
Virginia Retirement System backs four private equity funds.
VRS confirms $675m in commitments
US public pension Virginia Retirement System has backed two private equity vehicles.
Virginia Retirement System confirms $300m commitment
The US public pension has backed Ares’ latest private credit vehicle.
Virginia Retirement System confirms $925mn in commitments
The US public pension has backed three private equity vehicles.
Virginia Retirement System confirms $1.6bn in commitments
The US public pension has backed nine private equity vehicles.
Virginia Retirement System contact information
Offices
1200 E. Main Street, Richmond, 23219, United StatesContacts
| Name | Job title | Location | |
|---|---|---|---|
Key Contact Mr. Andrew H. Junkin | Job titleCIO | LocationRichmond, United States | Email  ----------- |
| Mr. Chung Ma | Job titleDeputy Chief Investment Officer and Investments Executive Committee | LocationRichmond, United States | Email ----- |
| Mr. Kenneth C. Howell | Job titleManaging Director, Private Market Assets | LocationRichmond, United States | Email ----- |
| Mr. Stephen Adelaar | Job titleSenior Portfolio Manager | LocationRichmond, United States | Email ------ |
Virginia Retirement System fund commitments
Known fund commitments: 450
| Fund | Manager | Commitment date | Commitment size |
|---|---|---|---|
Manager ------ | Commitment dateDec 2024 | Commitment size$100m | |
Manager --------- | Commitment dateApr 2025 | Commitment size ----------- | |
Manager -------- | Commitment dateMay 2025 | Commitment size ----------- | |
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Side Letter: 'It ends badly'
NYC's (now) former CIO issues a scathing response to the ongoing 'democratisation' of private markets. Plus: AI disruption risk is leading to broken auctions and Hong Kong's wealth community is hungry for alts. Here's today's brief, for our valued subscribers only.
Side Letter: Lead buyer desire
In a secondaries-flavoured edition of Side Letter, we explore why some buyers are rethinking their desire to be lead buyer. Plus: secondaries volume's 6x growth estimate, and Golub's GP-led strategy. Here's today's brief, for our valued subscribers only.
Side Letter: Fund finance inflows
LP capital looks set to play a significant role in the rampant expansion of the fund finance universe. Plus: a $70bn pension is cutting its private equity allocation; and why LPs should investigate GPs' understanding of AI sustainability risks. Here's today's brief, for our valued subscribers only.
Side Letter: Swords and ploughshares
Why GPs should stop worrying and learn to love defence. Plus: Future Fund's CIO is heading to the Middle East; and investors are increasingly hungry for small-cap CVs. Here's today's brief, for our valued subscribers only.
Side Letter: GPIF's upwards trajectory
The world's largest public pension has seen its private equity portfolio grow by more than $1 billion. Plus: an influx of new lenders is driving down the cost of NAV loans. Here's today's brief, for our valued subscribers only.