District of Columbia Retirement Board, Washington, committed $15 million to Trinity Ventures XII, said recently released minutes of the Sept. 17 board meeting.
The $6.5 billion pension fund has a private equity target of 8%; as of June 30, the allocation was 4.9%. In January, board members agreed to commit at least $335 million to private funds this year.
Further details on the commitment were not available from the investment office until negotiations are completed.
