Institution: New York State Common Retirement Fund
Headquarters: Albany, United States
Allocation to alternatives: 18.70%
New York State Common Retirement Fund has approved a commitment of $15 million to Primary Select Fund I, according to the pension’s latest monthly report. The venture capital fund will be targeting companies in the TMT sector.
The $210.28 billion US public pension has a 10.0 percent target allocation to private equity which currently stands at 9.10 percent.
As illustrated below, New York State Common Retirement Fund has made eleven commitments to private equity funds with a 2019 vintage, which combined constitute $1.74 billion.
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