Tennessee Consolidated Retirement System, Nashville, committed $200 million to Hellman & Friedman Capital Partners XI.
The $62.2 billion pension fund's investment committee approved the commitment to the buyout fund at its Jan. 13 meeting, said Shelli King, spokeswoman for state Treasurer David H. Lillard Jr., who oversees the pension fund, in an email.
TCRS previously committed $200 million to Hellman & Friedman Capital Partners X in 2021.
As of June 30, the actual allocation to private equity was 13.9%; the target is 10%.