San Antonio Fire & Police Pension Fund committed $45 million total to three private equity managers, according to recently released minutes of the Feb. 27 board meeting.
The $2.3 billion pension fund committed $15 million each to secondary private equity funds managed by Landmark Partners and Neuberger Berman, and $15 million to Levine Leichtman Capital Partners V, a structured equity partnership.
No further information was provided. Matthew O'Reilly, chief investment officer, did not return a telephone call by press time.