Tennessee Consolidated Retirement System, Nashville, committed approximately $296 million total to two private equity funds, said Shelli King, spokeswoman for David H. Lillard Jr., Tennessee state treasurer who oversees the pension fund, in an e-mail.
The $42 billion pension fund committed €200 million ($221 million) to BC European Capital X, a European buyout fund managed by BC Partners, and $75 million to EMR Capital Resources Fund II, which will invest in global metal and mining companies.
Both are new relationships.