Searches and Hires

Orlando police, fire pension funds allocate $20 million to buyout fund

Two Orlando, Fla., pension funds made commitments totaling $20 million to Windjammer Senior Equity Fund V, a middle-market buyout fund, said Michele Keane, pension coordinator.

The $560 million Orlando Police Pension Fund and $390 million Orlando Firefighters Pension Fund have committed $12 million and $8 million, respectively, to the fund managed by Windjammer Capital Investors. They are the first commitments for the pension funds to Windjammer, Ms. Keane said.

Investment consultant NEPC assisted.