Nebraska Investment Council, Lincoln, approved a $50 million commitment to Dover Street XI.
The council, which oversees $35.6 billion, made the commitment to the secondary private equity fund managed by HarbourVest Partners at its Sept. 8 meeting, Michael Walden-Newman, state investment officer, said in an email.
The commitment was on behalf of the council's five defined benefit plans, which have a total of $14.8 billion in assets, and its cash balance benefit plans totaling $2.6 billion.
The council currently has $40 million committed to Dover Street VIII, $50 million to Dover Street IX and $50 million to Dover Street X.
