El Paso (Texas) Firemen & Policemen Pension Fund committed $36 million total to four funds, said Tyler C. Grossman, executive director of the $1.25 billion pension fund, in an email.
The pension fund committed $10 million each to Metropolitan Real Estate Partners Global Fund VIII, managed by Metropolitan Real Estate Equity Management, and Partners Group Real Estate Secondary 2017.
Additionally, the pension fund committed $8 million each to buyout funds Trilantic Capital Partners VI and Bernhard Capital Partners Fund II, managed by Bernhard Capital Partners Management.
The pension fund has a 10% private equity target. The real estate target could not be learned.