New York State Common Retirement Fund, Albany, made new hires or commitments totaling $940 million, a recently released transaction report said.
The February transaction report on the website of state Comptroller Thomas DiNapoli, the sole trustee of the $181.7 billion pension fund, said the pension fund hired Rockefeller Asset Management to run a $300 million global equity environmental, social and governance strategy.
Also, the pension fund made a direct hedge fund investment of $200 million in Paulson Partners, which makes merger-and-acquisition-related investments, managed by Paulson & Co..
The pension fund also committed $200 million to New York Balanced Pool Asia Investors II and $150 million to New York Co-Investment Pool Asia Investors II. Both separate account private equity fund of funds are managed by Asia Alternatives Capital Partners.
Also, the pension fund committed $75 million to Francisco Partners IV, a technology-focused buyout fund, and $15 million to Vistria Fund, a private equity fund managed by Vistria Group. The latter commitment was made through the M2 NY Pioneer Fund, an emerging manager fund of funds.
Matthew Sweeney, Mr. DiNapoli’s spokesman, could not immediately provide further information.