Arizona Public Safety Personnel Retirement System, Phoenix, committed up to $100 million to TPG Opportunities Partners II, a credit opportunities fund, and up to $25 million to Taylor Woods Master Fund, a global fundamental commodities hedge fund, confirmed James Hacking, administrator for the $6.8 billion system.
Separately, the system also made a follow-on commitment of up to $50 million to Bridgewater Associates’ All Weather Portfolio. The system had previously committed up to $40 million.
The system also will redeem all of its assets from Bluegold Global Fund, which is just under $10 million, according to Mr. Hacking.
The system will make a follow-on commitment in conjunction with the Bluegold Global redemption of up to $5 million to Sunbeam Opportunities Fund, managed by Helios Associates. The system had committed up to $14 million with a follow-on commitment of up to $6 million.
In addition, the system made a follow-on commitment of up to $12 million to Viridian Fund, managed by Vermillion Asset Management. The system had made a commitment of up to $7 million in 2009 with a follow-on commitment of up to $5 million in 2010.
