Wyoming State Loan and Investment Board, Cheyenne, approved two new commitments to private equity funds managed by A&M Capital Partners and Arlington Capital Partners.
The board at its Dec. 7 meeting approved commitments to middle-market buyout fund A&M Capital Partners III and buyout fund Arlington Capital Partners VI, according to notices on its website.
The board does not approve specific commitment sizes to alternative investment funds. However, a presentation included with board meeting materials shows both funds are near the ends of their fundraising periods, and A&M Capital Partners III is reserving up to $120 million for the board, and Arlington Capital Partners VI is reserving up to $100 million.
Wyoming State Loan and Investment Board oversees a total of $26.3 billion in state assets, which includes the $9.9 billion Permanent Mineral Trust, $6.3 billion State Agency Pool of operating funds, $4.7 billion Common School Permanent Land Fund and $2.3 billion Workers Compensation Fund.