New Hampshire Retirement System has made a $50m commitment to Ares Pathfinder fund II, as confirmed by a contact at the pension.
The roughly $5.5bn investment manager has stressed the need for discipline after a challenging year for tech valuations and exit activity.
'The opportunity set in growth equity investing has gotten much more interesting,' CFO Jack Weingart said in a Q2 earnings call.
The regulator will also form an international forum on impact investing.
For many private company owners, 'covid took the wind out of their sails and the fun out of running their businesses. They are ready to move on'.
District of Columbia Retirement Board has backed Quantum Energy Partners' latest fund.
The US public pension has backed private equity funds.
The firm unveiled plans in June to launch a digital investment assistant for individual investors.
The pension issues a request for proposals for domestic PE managers.
New Jersey Division of Investment allocates $200m to Vista Equity.