Cincinnati Retirement System made three private equity funds-of-funds commitments totaling $120 million, according to recently released board meeting minutes.
The pension fund committed $40 million each to Fort Washington Private Equity Investors VIII and Fort Washington Private Equity Opportunities Fund III, private equity funds of funds managed by Fort Washington Capital Partners Group.
Also, the pension fund committed $40 million to North Sky Private Equity Partners V, a private equity fund of funds managed by North Sky Capital.
The board of trustees of the $2.2 billion pension fund approved the commitments at its Nov. 7 meeting.
Don Beresford, city finance manager, did not return a phone call by press time.