South Carolina Retirement System Investment Commission, Columbia, committed up to $105 million to two alternatives funds for the $39.6 billion South Carolina Retirement Systems, according to board documents from its meeting Thursday.
The commission in May committed up to $75 million to venture capital fund Industry Ventures Secondary X, and up to $30 million to Falfurrias Growth Partners I, a private equity fund managed by Falfurrias Capital Partners.
As of March 31, the commission had a 15% allocation to private equity.
