Houston Firefighters' Relief and Retirement Fund made two new commitments totaling $71 million.
The $4.2 billion pension fund committed €35 million ($41 million) to EQT IX Euro Sleeve, a buyout fund managed by EQT Partners, and $30 million to Stellex Capital Partners II, a special situations buyout fund managed by Stellex Capital Management, according to recently released draft minutes of the pension fund's July 21 board meeting.
As of June 30, 2019, the most recent data available, the pension fund's actual allocation to private equity was 17%.
Chief Investment Officer Ajit Singh could not be immediately reached for further information.
