District of Columbia Retirement Board made private equity and real estate commitments totaling up to $115 million.
The $8.5 billion pension fund's board approved commitments of up to $75 million to middle-market buyout fund One Rock Capital Partners III, and up to $40 million to DivcoWest Fund VI, a value-added real estate fund managed by Divco West Real Estate Services, at its Jan. 16 meeting, recently released minutes show.
As of Sept. 30, the actual allocations to real assets and private equity were 8.3% and 5.2%, respectively.
Sheila Morgan-Johnson, executive director, could not be immediately reached to provide further information.