The New York State Common Retirement Fund, Albany, made $700 million in new commitments, according to a transaction report posted on the website of state Comptroller Thomas DiNapoli, the sole trustee of the $176.2 billion pension fund.
The pension fund made a $500 million commitment to NYSCRF Frontier Mach II, which the comptroller’s website describes as a separate account managed by Artemis Real Estate Partners. The pension fund has done business with Artemis previously, but the report did not provide additional information.
The pension fund made a $150 million allocation to the Horizon Portfolio Ltd., which the comptroller’s website said is an absolute-return strategy managed by Horizon Asset Management. No further details were provided.
The pension also fund made a $50 million private equity commitment to Hamilton Lane Advisors-New York Credit Co-Investment Fund; no further information was provided. The pension fund has done business with Hamilton Lane in the past.
Matthew Sweeney, a spokesman for Mr. DiNapoli, did not respond by press time to questions about the transactions.
