Breadcrumb Home May 15, 2012 01:00 AM Pension plan partners in private equity Large public pension funds are hiring private equity managers to run assets in alternative strategic partnerships rather than committing to traditional limited partnerships. Tweet Share Share Email More Toggle Fullscreen Share Toggle Fullscreen Share New York City Retirement System committed $600 million to a separate account with Apollo. Toggle Fullscreen Share New Jersey Division of Investment committed $1.8 billion to a separate account with Blackstone. Toggle Fullscreen Share Texas Teacher Retirement System committed $3 billion each in separate accounts managed by KKR and Apollo Global Management.