Houston Firefighters' Relief and Retirement Fund committed up to $60 million to Coller International Partners IX-A.
The $5 billion pension fund's investment committee approved the commitment to the secondary private equity fund managed by Coller Capital at its May 16 meeting, recently released meeting minutes showed.
As of June 30, 2022, the most recent data available, the actual allocation to private equity was 37%.
Ajit Singh, chief investment officer, could not be immediately reached for further information.