Rhode Island Employees' Retirement System, Providence, approved a commitment of up to $30 million to buyout fund Wynnchurch Capital Partners VI.
The Rhode Island State Investment Commission approved the commitment at its monthly meeting Dec. 6, according to a recent monthly performance report.
The $10.9 billion pension fund previously committed $40 million to Wynnchurch Capital Partners V in 2020.
As of Dec. 31, the pension fund's actual allocation to private equity was 16.7%; the target is 12.5%.
