Arizona Public Safety Personnel Retirement System, Phoenix, made new commitments and co-investments totaling $102 million, spokesman Christian Palmer said in an e-mail.
The $8.3 billion pension fund committed $80 million to Davidson Kempner Special Opportunities Fund III, a distressed credit fund managed by Davidson Kempner Capital Management. The pension fund previously committed $75 million to the predecessor fund in October 2014.
Also, the pension fund made a $12 million co-investment in BPE Asia Real Estate Fund Project Alliance, managed by Baring Private Equity Asia. The pension fund originally made up to $30 million in direct investments and up to $20 million in co-investments to BPE Asia Real Estate Fund in March.
The pension fund also made a co-investment of $10 million in Actis Atlantic, managed by Actis Capital. The pension fund previously committed up to $50 million to emerging markets energy infrastructure fund Actis Energy 3 in March 2013.
