Arlington County (Va.) Employees' Retirement System committed $18 million to GCG Investors VI.
The $2.8 billion pension fund's board approved the commitment to the mezzanine debt fund managed by Greyrock Capital Group at its Feb. 2 meeting, said Susie Ardeshir, executive director and chief investment officer, in an email.
It is ACERS' first commitment to the manager, Ms. Ardeshir said.
As of Dec. 31, the pension fund's actual allocation to private investments was 9%.
