Indiana Public Retirement System, Indianapolis, disclosed private markets and real assets commitments totaling $232 million for its $44.7 billion defined benefit plan.
The retirement system disclosed commitments of $150 million to evergreen direct lending fund Pathlight Capital Evergreen Fund; €50 million ($52 million) to Ardian Project Egide, a real estate fund that targets main street retail assets in New York and Paris; and $15 million each to Basalt Project Loop Co-Investment, a co-investment opportunity alongside core-plus value-added infrastructure fund Basalt Infrastructure Partners IV, and Longpoint South Florida Logistics Portfolio, a co-investment opportunity alongside Longpoint Fund III, a value-added real estate fund managed by Longpoint Realty Partners, in materials for its Feb. 28 board meeting.
As of Jan. 31, the pension plan’s actual allocations to private markets and real assets were 16.6% and 9.8%, respectively.
