Dallas Employees’ Retirement Fund committed $30 million to Hamilton Lane Secondary Fund IV, a private equity fund, said recently released board meeting minutes.
The pension fund previously committed $135 million to other Hamilton Lane funds.
Separately, the pension fund put real estate investment trust manager Adelante Capital Management on watch. The reason for the firm’s watch status could not be immediately learned.
As of Oct. 31, the pension fund had $77.7 million invested with Adelante.
As of the same date, the $3.3 billion pension fund had targets of 5% each to private equity and REITs.
Cheryl Alston, the pension fund’s executive director, could not be reached for additional information by press time.
