Lakeland (Fla.) Retirement System made three new commitments totaling $37.5 million, said Cherie Watson-Matthews, pension benefits specialist, in an e-mail.
The $500 million pension fund committed $12.5 million each to Corbin Opportunity Fund, managed by Corbin Capital Partners, and EnTrust Special Opportunities Fund III, managed by EnTrust Capital, both hedge funds of funds, and Portfolio Advisors Private Equity Fund VIII, a private equity fund of funds.
The commitments are pending board approval and successful contract negotiations, Ms. Matthews said. She had no further information.
