Nashville (Tenn.) & Davidson County Metropolitan Government Employee Benefit Trust Fund made four new commitments totaling $195 million, confirmed Fadi BouSamra, chief investment officer.
The $2.6 billion pension fund committed $60 million to Fort Washington Private Equity Investors VIII, a private equity fund of funds managed by Fort Washington Investment Advisors. The pension fund previously committed $40 million to Fort Washington Private Equity Investors VII in November 2011.
The pension fund also committed $60 million to Hayfin Direct Lending Fund, managed by Hayfin Capital Management, and $50 million to Anchorage Illiquid Opportunities IV, a credit fund managed by Anchorage Capital Group. Both are first-time commitments.
Separately, the pension fund committed $25 million to Courage Credit Opportunities Fund III, managed by Courage Capital Management. The pension fund previously committed $25 million to Courage Credit Opportunities II in August 2010.