New York State Common Retirement Fund, Albany, committed $75 million to Elm Ridge Capital Partners, an absolute-return fund, confirmed Olayinka Fadahunsi, spokesman for Thomas P. DiNapoli, state comptroller and the $124.8 billion fund’s sole trustee.
The fund also made a follow-on commitment of $50 million to Blackstone/GSO Capital Solutions fund, a distressed debt fund.
