Institution: New Hampshire Retirement System
Headquarters: Concord, United States
Allocation to alternatives: 29.20%
New Hampshire Retirement System has approved a $50 million commitment to Comvest Credit Partners V, as mentioned during the institution’s April 2020 Retirement Board meeting.
The $9.55 billion US public pension has a 10 percent target allocation to private equity that currently stands at 12.4 percent.
As illustrated below, the NHRS’ five previous private equity commitments have comprised of two vehicles that focus on subordinated/mezzanine strategies, two commitments to funds secondaries strategies and a co-investment vehicle.
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