The $153.9 billion New York State Common Retirement Fund made seven new commitments in private equity, real estate and absolute-return strategies worth a total of $470.7 million in July, confirmed James Fuchs, spokesman for Thomas DiNapoli, state comptroller and sole fund trustee.
Three deals were in private equity: $250 million to Lindsay Goldberg III; a $50 million commitment to VantagePoint CleanTech Partners II through the GKM Newport/N.Y. Venture Capital Fund; and a $10 million commitment to S.W. Pelham Fund III via the Aldus/N.Y. Emerging Fund, an emerging manager fund.
In real estate, the fund committed $100 million to distressed debt Lone Star Fund VI and $50 million to Lone Star Fund, with a hard-asset strategy, and funded $1.7 million for affordable housing property in Dover Plains, N.Y.
The fund also invested $9 million with Paulson Advantage Plus, an event-driven focused fund.