Westfield (Mass.) Contributory Retirement System made new private equity and real estate commitments totaling $39 million.
The $240 million pension fund's board approved commitments of $10 million, $8 million and $5 million, respectively, to private equity funds managed by Constitution Capital Partners, Pomona Capital and Hamilton Lane at its June 23 meeting, recently released meeting minutes show.
The board on June 23 also approved commitments of $8 million each to real estate funds managed by AEW Capital Management and TerraCap Management.
The names of the funds could not be immediately learned.
The pension fund issued an RFP in December because it had recently increased target allocations to the asset classes, Maura Goulart, director of client services at Fiduciary Investment Advisors, said at the time.
FIA, the pension fund's investment consultant, assisted with the searches.
Ms. Goulart and pension fund officials could not be immediately reached for further information.