Iowa Municipal Fire & Police Retirement System, West Des Moines, committed $100 million total to three private equity funds of funds, according to a trustees report.
The $2.1 billion pension fund committed $60 million to Neuberger Berman Crossroads Special Situations XX and $20 million each to Adams Street Partners' Co-Investment Fund III and 2014 Global Fund.
The pension fund previously committed $50 million to a Neuberger Berman fund of funds, and committed a combined $123 million to five Adams Street funds of funds.
