Tennessee Consolidated Retirement System, Nashville, made four new commitments totaling up to $810 million, said Shelli King, spokeswoman for state Treasurer David H. Lillard Jr., who oversees the pension fund.
The $55.9 billion fund committed up to $250 million to open-end core-plus real estate fund Cortland Partners Growth and Income Fund; $200 million each to large-cap buyout fund Hellman & Friedman Capital Partners X and private equity secondary fund Whitehorse Liquidity Partners IV; and $160 million to buyout fund Roark Capital Partners VI.
As of Sept. 30, the actual allocations to private equity and real estate were 8.1% and 7.2%, respectively.