Marin County Employees’ Retirement Association, San Rafael, Calif., committed $15 million to Pathway Capital Management’s Private Equity Fund Investors IX, a fund of funds, pending successful contract negotiations and any final due diligence, said recently released board meeting minutes.
The pension already has committed more than $150 million total to other Pathway funds.
As of June 30, the $2.1 billion pension fund had an 8% private equity target
Jeff Wickman, retirement administrator, could not immediately be reached for additional information.
