Rhode Island State Investment Commission, Providence, approved two new commitments totaling up to $60 million for the $9.5 billion Rhode Island Employees' Retirement System.
The commission approved commitments of up to $30 million each to Atalaya Asset Income Fund V, a private credit fund managed by Atalaya Capital Management, and IPI Partners II-A, an infrastructure fund investing in data centers managed by a joint venture of ICONIQ Capital and Iron Point Partners, at its Jan. 27 meeting, recently released meeting minutes show.
As of Jan. 31, the pension fund's actual allocations to private equity and non-core real estate were 8.6% and 1.6%, respectively.
Evan England, spokesman for state Treasurer Seth Magaziner, who oversees the commission, could not be immediately reached for further information.
