PERSI approves $50m commitment

The US public pension has backed a North America and Western Europe focused fund.

Institution: Public Employee Retirement System of Idaho
Headquarters: Boise, United States
AUM: $17.83bn
Allocation to alternatives: 15.8%
Bitesize: $10-50m

The Public Employee Retirement System of Idaho announced a commitment of $50 million to Lindsay Goldberg V.

As illustrated in the charts below, the $17.8 billion US public pension has an 8 percent target allocation to private equity that currently stands at 6.5 percent. PERSI has now made four commitments focused on private equity recently, which combined constitute $178.7 million.

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