Nashville (Tenn.) & Davidson County Metropolitan Government Employee Benefit Trust Fund made new commitments totaling $255 million, said Fadi BouSamra, chief investment officer.
The $2.7 billion pension fund committed a total of $70 million to real estate funds: $40 million to Angelo Gordon Realty Fund IV and $30 million to Ares European Real Estate Fund IV, managed by Ares Management.
The pension fund also committed $30 million each to private equity funds Helios Investors III, managed by Helios Investment Partners, and Raine Partners II, managed by The Raine Group.
Also, the pension fund committed $30 million to energy fund Riverstone Global Energy and Power Fund VI.
Also, the pension fund committed to four alternative fixed-income funds, committing $30 million each to Centerbridge Capital Partners III, a distressed debt fund managed by Centerbridge Partners, and Heitman Real Estate Debt Partners Fund; $25 million to Athyrium Opportunities Fund II, a health-care focused credit fund managed by Athyrium Capital Management, and $10 million to Marathon Loan Opportunities Fund, a structured credit fund managed by Marathon Asset Management.
