New York State Common Retirement Fund, Albany, committed a total of $590 million to alternative investment funds in November, according to a monthly report from Thomas P. DiNapoli, state comptroller and the $126 billion fund's sole trustee.
In private equity, $15 million was committed to Clearlake Capital Partners II as part of the fund's emerging manager program, and a follow-on commitment of $25 million was made to DeltaPoint Capital IV.
A $100 million hedge fund commitment was made to both the credit-oriented Brigade Leveraged Capital Structures Fund and long/short equity manager Level Global. A $100 million follow-on commitment was made to Perella Weinberg Partners' Xerion Fund, a credit-focused hedge fund.
An additional $250 million was committed to York Distressed Mortgage Fund.
The amounts the fund has in the existing investments could not be learned.