Institution: New York State Common Retirement Fund
Headquarters: Albany, United States
AUM: $193.73bn
Allocation to alternatives: 21.40%
New York State Common Retirement Fund has agreed to commit up to $150 million to TSSP Opportunities Partners IV (A), the pension revealed in its December 2018 monthly report. TPG’s multi-regional fund focuses primarily on the acquisition of distressed debt.
The $192.73 billion US public pension has a 9.5 percent current allocation to private debt, though its target allocation is undisclosed.
New York State Common Retirement Fund has made two commitments to private debt funds with a 2018 vintage, which together total $300 million.
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