Dallas Employees' Retirement Fund committed an additional $40 million total to two private equity separate account managers, said Cheryl Alston, the pension fund's executive director.
The $3.6 billion pension fund committed an additional $30 million to Fairview Capital Partners. It also committed an additional $10 million to Grosvenor Capital Management for co-investments.
The pension fund previously committed $40 million to Fairview. The pension fund previously committed $20 million to Grosvenor for co-investments.
The pension fund has a 5% private equity target.