Virginia Retirement System commits $275 million to 2 funds

Virginia Retirement System, Richmond, committed $275 million to two funds.

The $77 billion pension fund committed $200 million to Sycamore Partners III, a buyout fund focused on consumer and retail investments, and $75 million to Scout Energy Partners IV, a U.S.-focused energy fund.

VRS spokeswoman Jeanne Chenault said that the commitments came from cash. The pension fund invested in the previous Sycamore Partners fund.

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