District of Columbia Retirement Board makes 2 alternatives commitments

District of Columbia Retirement Board, Washington, committed $12.5 million to EnCap Energy Capital Fund IX and $15 million to H.I.G. Bayside Loan Opportunity Fund III (Europe).

Both are new commitments.

The EnCap Energy fund is a private equity oil and gas fund managed by EnCap Investments. H.I.G. Bayside Loan is a distressed debt fund managed by H.I.G. Capital.

As of Dec. 31, the board for the $4.5 billion pension fund had committed about $27.5 million to private equity.

At Thursday's trustees meeting, the investment committee recommended committing $15 million to Affinity Asia Pacific Fund IV, a private equity fund, and $15 million to Resources Capital Fund VI, an infrastructure fund.