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HIRINGS

Sep 02, 2019 - Pensions & Investments
Investments

* Arizona Public Safety Personnel Retirement System, Phoenix, made new private equity commitments totaling $150 million, spokesman Christian Palmer said in an email.

The $10.6 billion pension fund committed $50 million directly and up to $50 million in co-investments to Trident VIII, a buyout fund managed by Stone Point Capital, and $30 million directly and up to $20 million in co-investments to Baring Asia Private Equity Fund VII, a buyout fund managed by Baring Private Equity Asia.

As of June 30, the pension fund had a private equity allocation of 13.1%; its target is 12%...