Delaware Public Employees' Retirement System, Dover, committed up to $15 million to Vision Ridge Sustainable Asset Fund III.
The $12.6 billion pension fund's investment committee approved the commitment to the sustainable real assets fund managed by Vision Ridge Partners at its Jan. 26 meeting, recently released meeting minutes show.
As of June 30, the pension fund's actual allocation to alternative investments was 23%.
Courtney Stewart, deputy director of the state's office of management and budget, could not be immediately reached for further information.
