Plymouth County Retirement System approves $36m in commitments

The US public pension has backed three North American private equity funds.

Institution: Plymouth County Retirement System
Headquarters: North Plymouth, United States
AUM: $988.31mn
Allocation to alternatives: 20.90%
Bitesize: $10-50m

Plymouth County Retirement System has approved $12 million commitments to each of Ironsides Partnership Fund V, Ridgemont Equity Partners III and HarbourVest Partners Co-Investment Fund V, according to the pension’s latest quarterly report.

The $988.31 million US public pension has a 13.0 percent target allocation to private equity that currently stands at 4.90 percent.

As illustrated in the charts below, Plymouth County Retirement System has made five commitments to private equity funds with a 2018 or 2019 vintage, which combined constitute $60 million.

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