Telecom- and media-focused ABRY received $25m, while ICV Capital was awarded $20m. The latter was part of a mandate for minority-owned funds.
With $431m committed, MassPRIM has a long way to go to reach the $1bn target allocation it has set for private equity and venture capital in 2012.
Amid criticism that CalPERS has moved away from its emerging managers strategy, the system announced a series of workshops dedicated to emerging managers.
The Nebraska Investment Council made a total of $50m in commitments to HarbourVest’s latest 'Dover Street' fund - targeting $3bn - and RCP’s eighth fund of funds vehicle.
The $25.6bn pension is expected to select a single manager to run a $150m customised account focused on Indiana by the end of October.
Public Pension Capital, launched by two former KKR executives, is offering ILPA-like terms on its debut fund, including giving LPs authority over the budget-based management fee.
A survey from RBC Investor Services revealed a majority of small, mostly private Canadian pensions plan to increase – or even add – allocations to alternatives, though they have concerns about costs and lack of expertise.
Citing contractual issues, the San Bernardino County Employees’ Retirement Association’s board rescinded the $25m commitment to Apollo European Principal Finance Fund II it had approved in January.
Kansas has committed $50m to GSO Capital Solutions Fund II, which will target rescue lending opportunities.
The $84bn retirement system announced commitments to funds managed by Silver Lake Partners, Triton Partners and Roark Capital Partners in addition to investments in infrastructure and real estate vehicles.