Cincinnati Retirement System committed $25 million to Siguler Guff Small Buyout Opportunities Fund V.
The $2.3 billion pension fund's board approved the commitment to the private equity fund of funds managed by Siguler Guff & Co. at its May 5 meeting, said Michael Barnhill, executive director, in an email.
As of Dec. 31, the actual allocation to private equity was 9.7%; the target is 10%.
Investment consultant Marquette Associates assisted.
