Institution: New Jersey Division of Investment
Headquarters: Trenton, United States
Allocation to alternatives: 23.56%
The New Jersey Division of Investment has agreed to commit $100 million to Brookfield Capital Partners V, according to a recent report on the pension’s website.
The $72.10 billion US public pension has a 8.25 percent target allocation to private equity which currently stands at 10.43 percent.
As illustrated in the charts below, New Jersey Division of Investment has made a total of six commitments to private equity funds with a 2018 vintage, which constitute $975 million.
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