Arizona Public Safety Personnel Retirement System, Phoenix, made three new commitments totaling up to $100 million, confirmed James Hacking, administrator for the $6.6 billion retirement system.
The system committed up to $70 million to hedge fund SJC Onshore Direct Lending Fund II, managed by Czech Asset Management. General investment consultant NEPC assisted.
Also committed were up to $20 million to Avalon Ventures Fund X and up to $10 million to Iron Point Real Estate II. Private equity consultant StepStone Group and real estate consultant ORG Portfolio Management assisted.