El Paso (Texas) Firemen & Policemen Pension Fund committed a total of $22 million to two buyout funds, said Tyler Grossman, executive director, in an email.
The $1.5 billion pension fund committed $11 million each to Kohlberg Investors IX, a middle-market buyout fund managed by Kohlberg & Co.; and Vitruvian Investment Partnership IV, a buyout fund managed by Vitruvian Partners.
The board previously committed to Vitruvian Investment Partnership III.
The commitments were made at the board's April 15 meeting. Investment consultant Meketa Investment Group assisted.