Delaware Public Employees' Retirement System, Dover, approved four commitments in April totaling up to $101 million.
The $13.7 billion pension fund's investment committee approved the commitments at April 13 and April 27 meetings, according to recently released April 30 board meeting minutes.
The pension fund also committed up to $35 million to Accel Growth Fund VI and up to $16 million to Accel XV, both capital venture funds; and up to $10 million to venture capital fund Meritech Capital Partners Franchise Fund.
The pension fund previously committed up to $75 million total to Accel XIV, Accel Growth Fund V and Accel Leaders Fund II in January 2019 and up to $30 million to Meritech Capital Partners VII in April 2020.
Also, the pension fund made a follow-on commitment of up $40 million to Flagship Pioneering Origination Fund VII. The pension fund originally committed up to $50 million to that fund in February 2020.
Officials at the system could not be immediately reached for further information.
