Delaware Public Employees' Retirement System, Dover, made two new commitments totaling up to $30 million.
The $10.5 billion pension fund committed up to $15 million to venture capital fund Accel India IV and Peppertree Capital Management Fund VIII, a private equity fund that invests in communication infrastructure companies, recently released board meeting minutes show.
As of June 30, the actual allocation to alternative investments was 22.4%, according to the most recent available comprehensive annual financial report.
Joanna Adams, pension administrator, would not provide further information.