District of Columbia Retirement Board disclosed two new commitments totaling $250 million.
The board disclosed a Sept. 16 commitment of $150 million to Silver Rock Tactical Allocation Fund III, a private credit fund managed by Silver Rock Financial, and an Aug. 22 commitment of $100 million to Carlyle Realty Partners X, an opportunistic real estate fund managed by Carlyle Group, in minutes for its Sept. 19 meeting.
DCRB previously committed $100 million Silver Rock Offshore Tactical Allocation Fund-Vintage 2022 in 2022 and $50 million to Carlyle Realty Partners IX in 2021.
As of June 30, the board’s actual allocations to real estate and private debt were 7.9% and 3.1%, respectively; their respective targets are 8% and 3%.
The board oversees the investment management of the District of Columbia Police Officers and Firefighters' Retirement Plan, and the District of Columbia Teachers' Retirement Plan, which have a combined $11.6 billion in assets.
