Searches and Hires

South Carolina Retirement slates $227 million for infrastructure, buyout funds

South Carolina Retirement System Investment Commission, Columbia, approved commitments to two alternatives funds totaling $227 million for the $31.1 billion South Carolina Retirement Systems, spokeswoman LaJoia Broughton said in an email.

The commission reported a commitment of $125 million to Digital Colony Partners, an infrastructure fund managed through a joint venture between Digital Bridge Holdings and Colony NorthStar. It also approved a commitment of €83 million ($102 million) to Bridgepoint Europe VI, a European middle-market buyout fund.

RSIC commissioners reported the commitments at a meeting April 12.

The RSIC manages the assets of South Carolina's state pension funds on behalf of the South Carolina Public Employee Benefit Authority, Columbia.