South Carolina Retirement System Investment Commission, Columbia, committed up to $400 million to three alternative funds for the $29.3 billion South Carolina Retirement Systems' investment portfolio, according to board documents.
At its Feb. 21 meeting, the commission disclosed a commitment of up to $200 million to Brookfield Super-Core Infrastructure Partners Fund, which targets essential services, like utilities and transportation networks, and is managed by Brookfield Asset Management; up to $100 million to Blackstone Real Estate Partners IX, a fund that targets global opportunistic real estate and is managed by Blackstone Group; and $100 million to Owl Rock Technology Finance, a fund managed by Owl Rock Capital Partners that invests in established, high-growth technology companies. Each of the commitments was made in December.
The RSIC manages the assets of South Carolina's state pension funds on behalf of the South Carolina Public Employee Benefit Authority, Columbia.
