Houston Municipal Employees Pension System committed $30 million total to two Vista Equity Partners private equity funds, said Peter Koops, spokesman for the $2.3 billion pension fund, in an e-mail.
The pension fund committed $15 million each to Vista Equity Partners Fund VI and Vista Foundation Fund III, buyout funds that invest in North American smidcap software companies.
As of Sept. 30, the pension fund had an 18.4% allocation to private equity, according to Pensions & Investments data.
