Institution: Virginia Retirement System
Headquarters: Richmond, US
AUM: $107.2 billion
Virginia Retirement System has confirmed a $675 million in commitments across two private equity funds, according to its February investment advisory committee meeting.
VRS’s current allocation to private equity sits at 17.2 percent, above its 14 percent target allocation. As illustrated below, the US public pension’s recent private equity commitments have concentrated on diversified sector funds focused on either global or North American investments.
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