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New York State Common Retirement Fund approves $540m in commitments

The US public pension has backed four private equity funds.

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Institution: New York State Common Retirement Fund
Headquarters: Albany, United States
AUM: $210.20bn
Allocation to alternatives: 18.70%
Bitesize: $200-500m

New York State Common Retirement Fund has approved commitments of $300 million to Lindsay Goldberg V, $20 million to NewQuest Asia Fund IV, $200 million to Whitehorse Liquidity Partners III and $20 million to Motive Capital Fund I, according to the pension’s latest monthly report.

The $210.20 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 eight commitments to private equity funds with a 2019 vintage, which combined constitute $1.32 billion.

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